firm offer of credit or insurance
The term “firm offer of credit or insurance” means any offer of credit or insurance to a consumer that will be honored if the consumer is determined, based on information in a consumer report on the consumer, to meet the specific criteria used to select the consumer for the offer, except that the offer may be further conditioned on one or more of the following:
Source
15 USC § 1681a(l)
Scoping language
None identified, default scope is assumed to be the parent (subchapter III) of this section.