preaprobación
/pɾeapɾobaθjon/from spelling rules
The Spanish word for pre-approval is preaprobación.
This term refers to a preliminary agreement from a lender that a borrower is eligible for a loan up to a certain amount.
What does it mean word for word?
The word is composed of the prefix pre- (pre-) and aprobación (approval).
Which one should you use?
While preaprobación is the noun for the process, the adjective preaprobado is used to describe a person or a loan that has been pre-approved.
Is it said differently in some regions?
In Spain and parts of Latin America, an alternative formal term for pre-approval is preautorización. In Mexico and some parts of Latin America, the phrase luz verde can be used informally to convey the idea of pre-approval.
How does it change in a sentence?
In Spanish, the prefix pre- is typically joined directly to the noun without a hyphen, unlike the English 'pre-approval'.
How do you pronounce it?
/pɾeapɾobaθjon/
Did you know?
- The word aprobación shares the same Latin root as the English word 'probe', as both stem from the idea of testing or proving something to be true.
- In common Spanish usage, the verb aprobar is used for both a bank approving a loan and a student passing a test, meaning a student who 'passes' is literally 'approved'.
- The word aprobación is used in the Spanish phrase aprobación tácita, which refers to 'tacit approval' or consent given through silence rather than a formal document.
Examples in context
- La aprobación previa de la hipoteca es fundamental antes de comprar una casa.Pre-approval of the mortgage is essential before buying a house.
- Necesito solicitar la preautorización del préstamo antes de hacer una compra importante.I need to apply for pre-approval of the loan before making a major purchase.
- Si tienes el consentimiento anticipado del líder de proyecto, podemos comenzar a trabajar en la propuesta.If you have the leader's pre-approval, we can start working on the proposal.
- La entidad bancaria requiere una aprobación previa antes de otorgar un préstamo.The bank requires pre-approval before granting a loan.
- Necesito una preaprobación para comprar la casa.I need a pre-approval to buy the house.
- El banco me dio la preaprobación ayer.The bank gave me the pre-approval yesterday.
- ¿Ya tienes la preaprobación del préstamo?Do you already have the loan pre-approval?
Example conversation
Elena and Alejandro are discussing their budget for a new apartment.
- ElenaAlejandro, ¿ya hablaste con el banco?Alejandro, did you already speak with the bank?
- AlejandroSí, ya recibí la preaprobación del crédito.Yes, I already received the credit pre-approval.
- Elena¡Qué bueno! Eso nos ayudará mucho.That's great! That will help us a lot.
- AlejandroAhora podemos buscar un apartamento con calma.Now we can look for an apartment calmly.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
