loan approval(n = noun.act) - formal authorization to get a loan (usually from a bank);
is a kind of authorisation, authorization, empowerment

approval, auto loan, automobile loan, bank loan, business loan, call loan, car loan, commercial loan, consumer loan, demand loan, direct loan, federal home loan bank system, federal home loan mortgage corporation, home equity loan, home loan, home loan bank, industrial loan company, installment loan, interbank loan, loan, loan application, loan collection, loan office, loan participation, loan shark, loan sharking, loan translation, mortgage loan, on approval, participation loan, personal loan, real estate loan, savings and loan, savings and loan association, seal of approval, secret approval, small loan company, time loan, with approval