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What this phrase means is that overall the contract, agreement, or terms are acceptable to both parties. However it also means that there are minor differences to be worked out . An example would be that a merger was approved in principle, but the operations of the merger had not yet been approved. The terms of who would be fired, who would be CEO, where the home office would be, ect. had not been finalized...but the two companies had agreed to merge.
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∙ 16y ago
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When they say congratulations you have been approved in principle for your loan mean?
If you are told that your loan has been approved in principle, it means that they expect to give you the loan that you have requested, but they still need to do a few more things, a bit more paperwork, questions, or whatever, before the deal is actually done.
What does principle to robbery mean?
what does principle to robbery mean?
What is the plain and simple meaning of Approved in Principle?
Approved in Principle is a conditional approval in finance. It means that the finance the person wants to borrow or use has been given the go ahead but there are minor differences to work out such as the showing the supporting documents or verifying information.
What does va approved mean?
Veterans Affairs or Veterans Administration approved.
What does it mean for it to be ratified?
approved
What does dot approved mean?
It means something has been approved by the Department of Transportation.
What does O.A.C mean?
Usually "on approved credit" Means if you're approved you get credit
What does mom letter of approved in principle mean?
A letter of approval in principle from a mom (or any individual) typically indicates that the individual supports a particular course of action or decision, with some conditions still needing to be met. It is not a final approval, but a positive indication of support pending further details or requirements being fulfilled.
What is meant by the term approved?
What it is meant by the term approved is that something is allowed. Approved can mean that a person won't have a problem and lets you do what you ask.
If you're pre-approved for a loan does that mean that you get it?
Being pre-approved means that if you apply for the loan, you will get it.
What does Andersons's Principle mean?
It does not exist.
What does principle's mean?
A principle is a way of working or ethical standards.
