IPA: /ˌpriːəˈpruːvəl/
KK: /priˈəpruːvəl/
A process where someone gets permission or agreement for something before it officially happens.
The bank gave her a preapproval for the loan, allowing her to shop for a house confidently.
Preapproval → It is formed from "pre-" (meaning before) and "approval" (from Latin "approbare", meaning to approve or to test). The word "preapproval" means the act of approving something before it is finalized or completed.
Think of getting something 'approved' ('approval') 'before' it is finalized ('pre-'). This helps you remember that preapproval means an early approval.