Application

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Application

1. A formal request. Generally, one must fill out an application form as part of the application process.

2. See: Application Program.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Application

A request for a loan that includes the information about the potential borrower, the property and the requested loan that the solicited lender needs to make a decision.

In a narrower sense, the application refers to a standardized application form called the “1003” which the borrower is obliged to fill out.

The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in classic literature ?
People in Europe desiring to join the excursion--contagious sickness to be avoided--boating at the expense of the ship--physician on board--the circuit of the globe to be made if the passengers unanimously desired it--the company to be rigidly selected by a pitiless "Committee on Applications"--the vessel to be as rigidly selected by as pitiless a "Committee on Selecting Steamer." Human nature could not withstand these bewildering temptations.
Fairlie has nothing to add but the expression of his decision, in reference to the highly irregular application that has been made to him.
"You might make the application," replied the captain.
"Whatever the law might do with the marriage in the lifetime of both the parties to it -- on the death of either one of them, no application made by the survivor would avail; and, as to the case of that survivor, the marriage would remain valid.
The artist prefers a hilly country because it is picturesque; the engineer a flat one because it is convenient; the man of pleasure likes what he calls "a fine woman"--she suits him; the fashionable young gentleman admires the fashionable young lady--she is of his kind; the toil-worn, fagged, probably irritable tutor, blind almost to beauty, insensible to airs and graces, glories chiefly in certain mental qualities: application, love of knowledge, natural capacity, docility, truthfulness, gratefulness, are the charms that attract his notice and win his regard.
"Yes--careful against mental agitation of all kinds, and against excessive application."
Unless I had been animated by an almost supernatural enthusiasm, my application to this study would have been irksome and almost intolerable.
For, with but a bit of broken sea-shell or a shark's tooth, that miraculous intricacy of wooden net-work has been achieved; and it has cost steady years of steady application. As with the Hawaiian savage, so with the white sailor-savage.
Therefore, though I am but ill qualified for a pioneer, in the application of these two semi-sciences to the whale, I will do my endeavor.
Metaphor is the application of an alien name by transference either from genus to species, or from species to genus, or from species to species, or by analogy, that is, proportion Thus from genus to species, as: 'There lies my ship'; for lying at anchor is a species of lying.
But it seems unlikely that man should be able to adjust that which the law cannot determine; it may be replied, that the law having laid down the best rules possible, leaves the adjustment and application of particulars to the discretion of the magistrate; besides, it allows anything to be altered which experience proves may be better established.
Like all others who were in quest of a better telegraph instrument, Gray had glimmerings of the possibility of sending speech by wire, and by one of the strangest of coincidences he filed a caveat on the subject on the SAME DAY that Bell filed the application for a patent.

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