What does vetted mean in law? Vetted means having conducted a thorough and diligent review of a prospective person or project prior to a hiring or investment decision. In the context of investing, vetted may also be referred to asconducted due diligence.
Is it vetted or whetted?
Is it vetted or whetted? Vet as verb refers to examine somebody’s past record, qualifications. … Whet is a verb, other verb forms are whetted, whetting. Is vetted a proper word? adjective Informal. verified or checked for accuracy, authenticity, suitability, etc.: The website’s editorial process ensures professionally vetted and approved …
What does it mean to be "served"?
To me, to serve, to sacrifice if you will, means to offer something up without expecting a reward or something in return. To give of yourself, freely, without expectation of anything in return. Anything, except perhaps a sense of gratification and accomplishment of having done “the right thing.”
What does the term ‘vested’ mean?
What Is Vesting? Vesting is a legal term that means to give or earn a right to a present or future payment, asset, or benefit.
What is the definition of vetted?
verb (used with object), vetted, vetting. to appraise, verify, or check for accuracy, authenticity, suitability, etc.: An expert vetted the manuscript before publication. to examine or treat in one’s capacity as a veterinarian.
What is the origin of the word vetted?
According to Get Words, the word vetted comes from the Latin veterinarius, which is also where we get the term veterinarian. The term to vet was originally used as a horse-racing term. This was used to refer to the requirement that a horse obtain a prior examination for health, authenticity, accuracy and soundness by a veterinarian or veterinary surgeon before being allowed to race. Nowadays, it has a more general meaning to refer to intelligence gathering or a set of processes to discover the integrity of individuals.
How can the word vetted be used in a sentence?
The word vetted can be used in many ways in the English language. Using words in a sentence is a great way to memorize their definitions. You can also try making flashcards or quizzes for yourself to test your knowledge of different words’ definitions. Try using this word of the day in a sentence today! Below are a few different examples of vetted to get your started.
What does "vetted" mean in the past tense?
According to Collins English Dictionary, the term vet means to perform a critical appraisal. If someone is being vetted, which means that they are being investigated or evaluated in a thorough way. Vetted is the past tense of the verb vet, like how vetting is the present participle. These are both somewhat used as adjectives.
What is the difference between "vetted" and "cognates"?
Many different languages also use words meaning vet. You might notice that some of these words look and sound similar to one another. These are called cognates, which are often formed when two words have the same root or language of origin. Cognates are when two words in different languages look, sound, and mean something similar. This list of translations of the word vetted is provided by Word Sense.
What does it mean when someone goes through a vetting process?
When someone goes through a vetting process, this means that they receive certification of loyalty, trustworthiness or suitability for a specific subject or specific place of employment. This could be for the purposes of public employment, for nominees or to gain access to certain assets. This due diligence could be done via a contracted form, committee hearings, or by a simple meeting. If someone has a positive vetting, this means that their investigation went well.
What does "veteran" mean?
The term vet can also be used as a shorthand or abbreviation for veteran, which is someone who has served in the armed forces. This can also be short for veterinarian, which is someone that provides medical care to animals, also known as veterinary care.
What does "vetted" mean in a job?
Overall, the word vetted means examined or investigated thoroughly. This could be for the purposes of a job, permission to enter an area, reasons of security, and many other reasons. This term comes from horseracing.
What Is Vetting?
Vetting is the process of thoroughly investigating an individual, company, or other entity before making a decision to go forward with a joint project. A background review is an example of a vetting process for a potential employee. Once the vetting process is concluded, a well-informed hiring decision can be made.
What Is a Vetted Credit Check?
A credit check is a form of vetting performed when evaluating the creditworthiness of a potential borrower. A person seeking credit, whether it be for a mortgage, auto loan, or a new credit card, will be subject to a credit check to vet their ability to repay the interest and principal of the loan or line of credit (LOC). As such, the credit check will analyze data such as income, assets, job security, and the amount of other debts held.
What Does Fully Vetted Mean?
Fully vetted suggests that an option has undergone a full and complete analysis with an objective decision made upon its completion.
Why is vetting important?
While vetting is important to make sure quality options are chosen and poor options are discarded, the process can also be timely and expensive. As such, a balance must often be struck between the costs and benefits of vetting. According to jobs website Glassdoor, the average organization in the U.S. spends about $4,000 and 24 days to fill a position with a fully-vetted and qualified candidate. 1
What is a vetting process?
Vetting is the process of thoroughly investigating an individual, company, or other entity before making a decision to go forward with a joint project. A background review is an example of a vetting process for a potential employee. Once vetted, a well-informed decision can be made.
Why are asylum seekers vetted?
A refugee seeking asylum is vetted as part of their application process. Candidates for government security clearance are vetted to make sure they don’t have checkered pasts. A lawyer vets a contract to find any potential pitfalls in the fine print, and so on.
What is due diligence in investment?
Due diligence requires a close examination of a firm’s financial records, key personnel, and growth potential before entering into an investment or proposed transaction with that party.
Why do you need a copyright check?
Here, the check is to ensure that the Buyer retains a valid claim in the event of any such infringement so that his costs are covered. It is also important for the Seller to know such claim since it is in the supplier’s interest to also defend any infringement of his TradeMark, property or copyright.
How long does a seller have to terminate a contract?
An outer limit of 1 to 3 months may be considered for termination of the agreement where the seller or buyer is affected to the extent that they are unable to produce or operate further where there is severe disruption and a substantial restoration is required.
How many readings are required for contract vetting?
Contract vetting will require at least two to three readings. One reading to understand the transaction, the parties and to check that all appropriate clauses exist. Another reading would need to check clause by clause and include some which are missing or exclude those which appear vague and irrelevant.
What does a seller do?
A seller also retains all power and authority to manufacture, sell, transfer, and deliver the goods to the customer. Where there are specific warranties related to the underlying goods, this should be incorporated or checked to ensure that they are clearly set out in the correct word and meaning sense.
What is legal vetting?
Legal vetting of contracts requires the person to do a very intense check of intent, clauses, recitals, and risk to protect a client’s needs, as well as facilitate a definite transaction flow.
What are the duties of a buyer?
Duties of Buyers of Goods. The Buyer promises that. The goods will be utilized for the purpose set out in the agreement. That payment will be made within the stipulated times as per the agreement and as per the purchase order and by the agreed mode of payment.
What is a product complied with?
The product complies with all regulatory and statutory laws and guidelines in the country of sale, export or import.