Processing and Test

noun

• Preparing or putting through a prescribed procedure.
  • usage: "the processing of newly arrived immigrants"; "the processing of ore to obtain minerals"

verb

• Subject to a process or treatment, with the aim of readying for some purpose, improving, or remedying a condition.
  • usage: "process cheese"; "process hair"; "treat the water so it can be drunk"; "treat the lawn with chemicals"; "treat an oil spill"
  • synonyms: process, treat
• Deal with in a routine way.
  • usage: "I'll handle that one"; "process a loan"; "process the applicants"
  • synonyms: process
• Perform mathematical and logical operations on (data) according to programmed instructions in order to obtain the required information.
  • usage: "The results of the elections were still being processed when he gave his acceptance speech"
  • synonyms: process
• Institute legal proceedings against; file a suit against.
  • usage: "He was warned that the district attorney would process him"; "She actioned the company for discrimination"
  • synonyms: action, sue, litigate, process
• March in a procession.
  • usage: "They processed into the dining room"
  • synonyms: march, process
• Shape, form, or improve a material.
  • usage: "work stone into tools"; "process iron"; "work the metal"
  • synonyms: work, work on, process
• Deliver a warrant or summons to someone.
  • usage: "He was processed by the sheriff"
  • synonyms: serve, process, swear out

Processing are the steps a lender takes with your loan application to gather your information for underwriting. Processing involves building your file of information for your loan. Processing includes getting the credit report, appraisal, verification of employment, assets, etc.

(DoD) In photography, the operations necessary to produce negatives, diapositives, or prints from exposed films, plates, or paper.
(DoD) A system of operations designed to convert raw data into useful information.

noun

• Trying something to find out about it.
  • usage: "a sample for ten days free trial"; "a trial of progesterone failed to relieve the pain"
  • synonyms: trial, trial run, tryout
• Any standardized procedure for measuring sensitivity or memory or intelligence or aptitude or personality etc.
  • usage: "the test was standardized on a large sample of students"
  • synonyms: mental test, mental testing, psychometric test
• A set of questions or exercises evaluating skill or knowledge.
  • usage: "when the test was stolen the professor had to make a new set of questions"
  • synonyms: examination, exam
• The act of undergoing testing.
  • usage: "he survived the great test of battle"; "candidates must compete in a trial of skill"
  • synonyms: trial
• The act of testing something.
  • usage: "in the experimental trials the amount of carbon was measured separately"; "he called each flip of the coin a new trial"
  • synonyms: trial, run
• A hard outer covering as of some amoebas and sea urchins.

verb

• Put to the test, as for its quality, or give experimental use to.
  • usage: "This approach has been tried with good results"; "Test this recipe"
  • synonyms: prove, try, try out, examine, essay
• Test or examine for the presence of disease or infection.
  • usage: "screen the blood for the HIV virus"
  • synonyms: screen
• Examine someone's knowledge of something.
  • usage: "The teacher tests us every week"; "We got quizzed on French irregular verbs"
  • synonyms: quiz
• Show a certain characteristic when tested.
  • usage: "He tested positive for HIV"
• Achieve a certain score or rating on a test.
  • usage: "She tested high on the LSAT and was admitted to all the good law schools"
• Determine the presence or properties of (a substance. )
• Undergo a test.
  • usage: "She doesn't test well"

• (v.t.) To refine, as gold or silver, in a test or cupel; to subject to cupellation.
• (n.) Judgment; distinction; discrimination.
• (n.) Examination or trial by the cupel; hence, any critical examination or decisive trial; as, to put a man's assertions to a test.
• (n.) A cupel or cupelling hearth in which precious metals are melted for trial and refinement.
• (n.) Means of trial; as, absence is a test of love.
• (v.t.) To put to the proof; to prove the truth, genuineness or quality of by experiment or by some principle or standard; to try; as, to test the soundness of a principle; to test the validity of an argument.
• (n.) A witness.
• (n.) Discriminative characteristic; standard of judgment; ground of admission or exclusion.
• (n.) A reaction employed to recognize or distinguish any particular substance or constituent of a compound, as the production of some characteristic precipitate; also, the reagent employed to produce such reaction; thus, the ordinary test for sulphuric acid is the production of a white insoluble precipitate of barium sulphate by means of some soluble barium salt.
• (v.t.) To examine or try, as by the use of some reagent; as, to test a solution by litmus paper.
• (v.i.) To make a testament or will.
• (n.) Alternative of Testa.
• (n.) That with which anything is compared for proof of its genuineness; a touchstone; a standard.

Test is the event of a price movement that approaches a support level or a resistance level established earlier by the market. A test is passed if prices do not go below the support or resistance level, and the test is failed if prices go on to new lows or highs.