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authorization vs loan approval

loan approval vs authorization

authorization and loan approval both are nouns.

Word NounAdjectiveVerbAdverb
authorization Yes No No No
loan approval Yes No No No
As nouns, loan approval is a hyponym of authorization; that is, loan approval is a word with a more specific, narrower meaning than authorization:
  • authorization: the act of conferring legality or sanction or formal warrant
  • loan approval: formal authorization to get a loan (usually from a bank)
authorization (noun) loan approval (noun)
the act of conferring legality or sanction or formal warrant formal authorization to get a loan (usually from a bank)
the power or right to give orders or make decisions
official permission or approval
a document giving an official instruction or command
Difference between authorization and loan approval

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