Processor and Induction

noun

• A business engaged in processing agricultural products and preparing them for market.
• Someone who processes things (foods or photographs or applicants etc.. )
• Computer science) the part of a computer (a microprocessor chip) that does most of the data processing. (
  • usage: "the CPU and the memory form the central part of a computer to which the peripherals are attached"
  • synonyms: central processing unit, CPU, C. P. U., central processor, mainframe

Processor is a liaison between the loan officer and the funder of a loan. The processor's responsibility is to meet all of the pre-funding conditions of a loan including, gathering all documentation and the clarification of information.

noun

• A formal entry into an organization or position or office.
  • usage: "his initiation into the club"; "he was ordered to report for induction into the army"; "he gave a speech as part of his installation into the hall of fame"
  • synonyms: initiation, installation
• An electrical phenomenon whereby an electromotive force (EMF) is generated in a closed circuit by a change in the flow of current.
  • synonyms: inductance
• Reasoning from detailed facts to general principles.
  • synonyms: generalization, generalisation, inductive reasoning
• Stimulation that calls up (draws forth) a particular class of behaviors.
  • usage: "the elicitation of his testimony was not easy"
  • synonyms: evocation, elicitation
• The act of bringing about something (especially at an early time. )
  • usage: "the induction of an anesthetic state"
• An act that sets in motion some course of events.
  • synonyms: trigger, initiation

• (n.) The act or process of inducting or bringing in; introduction; entrance; beginning; commencement.
• (n.) The property by which one body, having electrical or magnetic polarity, causes or induces it in another body without direct contact; an impress of electrical or magnetic force or condition from one body on another without actual contact.
• (n.) A process of demonstration in which a general truth is gathered from an examination of particular cases, one of which is known to be true, the examination being so conducted that each case is made to depend on the preceding one; -- called also successive induction.
• (n.) The act or process of reasoning from a part to a whole, from particulars to generals or from the individual to the universal; also, the result or inference so reached.
• (n.) An introduction or introductory scene, as to a play; a preface; a prologue.
• (n.) The introduction of a clergyman into a benefice or of an official into a office, with appropriate acts or ceremonies; the giving actual possession of an ecclesiastical living or its temporalities.