adjective
- having met preliminary requirements or standards in advance of a formal application or selection process
Usage: commonly used in finance and business contexts
Examples
- She was prequalified for the mortgage before house hunting.
- Only prequalified contractors can bid on this project.
- The bank sent him a prequalified credit card offer.
- Prequalified candidates will advance to the final interview round.
- The loan officer said we were prequalified for up to $300,000.
- All prequalified applicants must submit additional documentation.