qualify

Qualified Professional Asset Manager (QPAM)
Regulation A

Definition

verb
  1. Usage
    to qualify for
    to be entitled to something
    ExamplesThe company does not qualify for a government grant. • She qualifies for unemployment benefit.
  2. Usage
    to qualify as
    to follow a specialised course of study and pass examinations so that you can do a certain job
    ExamplesShe has qualified as an accountant. • He will qualify as a solicitor next year.
  3. Usage
    the auditors have qualified the accounts
    the auditors have found something in the accounts of the company which has made them unable to agree that they show a 'true and fair' view of the company's financial position

"...federal examiners will also determine which of the privately insured savings and loans qualify for federal insurance" [Wall Street Journal]

Recommended Articles from InvestorGuide.com

Investing Tips

A Good Credit Record and Why You Should Have One

Pay your bills on time to maintain a good credit record and qualify for low rates. Don't wait until the last minute to pay your monthly bills. Not only will you incur late-payment fees, but perhaps mo ... Read more

Additional Tip(s)

Related Videos

Featured Advertiser

Nearby Terms

Popular 'Banking' Terms

Related Terms

Mentioned in these terms

Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ