Meeting the relevant requirements, such as for favorable tax treatment.

Approval by meeting certain requirements. Legally competent or capable. Qualifying Income Ratio - Income analysis used by lenders in deciding whether to offer the borrower a loan. One type of analysis compares only the amount of the proposed monthly mortgage payment to the monthly income (See PITI Ratio). Another compares the amount of the total monthly payments (for example, car, credit card and proposed mortgage payments) to the monthly income.

legally qualified; "a competent witness"

A transaction that meets all of the qualifications for an interchange category.

An individual or firm with a recognized degree, certificate, or professional standing; or who by extensive knowledge, training and experience, has successfully demonstrated his/her abilities to identify and solve or resolve problems associated with a specific subject matter or project type. [Go to source

One who, by possession of a recognized degree, certificate, or professional standing, or who by extensive knowledge, training, and experience, has successfully demonstrated the ability to solve or resolve problems related to the subject matter, work, or project.

A person who, by possession of a recognized degree, certificate of professional standing or who by extensive knowledge, training, and experience, has successfully demonstrated the ability to solve or resolve problems relating to the subject matter and work.

Not subject to taxes.

meeting the proper standards and requirements and training for an office or position or task; "many qualified applicants for the job"

having elements or qualities mixed in proper or suitable proportions; especially made less severe; "justice moderated with mercy"

confirmed suitability, tested[ back