Function and Qualification

noun

• Mathematics) a mathematical relation such that each element of a given set (the domain of the function) is associated with an element of another set (the range of the function. ()
  • synonyms: mathematical function, single-valued function, map, mapping
• What something is used for.
  • usage: "the function of an auger is to bore holes"; "ballet is beautiful but what use is it"
  • synonyms: purpose, role, use
• The actions and activities assigned to or required or expected of a person or group.
  • usage: "the function of a teacher"; "the government must do its part"; "play its role"
  • synonyms: office, part, role
• A relation such that one thing is dependent on another.
  • usage: "height is a function of age"; "price is a function of supply and demand"
• A formal or official social gathering or ceremony.
  • usage: "it was a black-tie function"
• A vaguely specified social event.
  • usage: "the party was quite an affair"; "an occasion arranged to honor the president"; "a seemingly endless round of social functions"
  • synonyms: affair, occasion, social occasion, social function
• A set sequence of steps, part of larger computer program.
  • synonyms: routine, subroutine, subprogram, procedure

verb

• Perform as expected when applied.
  • usage: "The washing machine won't go unless it's plugged in"; "Does this old car still run well"; "This old radio doesn't work anymore"
  • synonyms: work, operate, go, run
• Serve a purpose, role, or function.
  • usage: "The tree stump serves as a table"; "The female students served as a control group"; "This table would serve very well"; "His freedom served him well"; "The table functions as a desk"
  • synonyms: serve
• Perform duties attached to a particular office or place or function.
  • usage: "His wife officiated as his private secretary"
  • synonyms: officiate

• (v.i.) Alternative of Functionate.
• (n.) The course of action which peculiarly pertains to any public officer in church or state; the activity appropriate to any business or profession.
• (n.) A quantity so connected with another quantity, that if any alteration be made in the latter there will be a consequent alteration in the former. Each quantity is said to be a function of the other. Thus, the circumference of a circle is a function of the diameter. If x be a symbol to which different numerical values can be assigned, such expressions as x2, 3x, Log. x, and Sin. x, are all functions of x.
• (n.) The act of executing or performing any duty, office or calling; per formance.
• (n.) The appropriate action of any special organ or part of an animal or vegetable organism; as, the function of the heart or the limbs; the function of leaves, sap, roots, etc.; life is the sum of the functions of the various organs and parts of the body.
• (n.) The natural or assigned action of any power or faculty, as of the soul or of the intellect; the exertion of an energy of some determinate kind.
• (n.) A public or social ceremony or gathering; a festivity or entertainment, especially one somewhat formal.
• (n.) A religious ceremony, especially one particularly impressive and elaborate.

noun

• An attribute that must be met or complied with and that fits a person for something.
  • usage: "her qualifications for the job are excellent"; "one of the qualifications for admission is an academic degree"; "she has the makings of fine musician"
  • synonyms: making
• The act of modifying or changing the strength of some idea.
  • usage: "his new position involves a qualification of his party's platform"
• A statement that limits or restricts some claim.
  • usage: "he recommended her without any reservations"
  • synonyms: reservation

• (n.) The act of limiting or the state of being limited; that which qualifies by limiting; modification; restriction; hence, abatement; diminution; as, to use words without any qualification.
• (n.) The act of qualifying or the condition of being qualified.
• (n.) That which qualifies; any natural endowment or any acquirement, which fits a person for a place, office or employment or which enables him to sustian any character with success; an enabling quality or circumstance; requisite capacity or possession.

Qualification is the process of determining whether a prospective borrower has the ability, meaning sufficient assets and income, to repay a loan. Qualification is sometimes referred to as "pre-qualification" because it is subject to verification of the information provided by the applicant. Qualification is short of approval because it does not take account of the credit history of the borrower. Qualified borrowers may ultimately be turned down because, while they have demonstrated the capacity to repay, a poor credit history suggests that they may be unwilling to pay.