qualification

[kwol-uh-fi-key-shuhn]
noun
1.
a quality, accomplishment, etc., that fits a person for some function, office, or the like.
2.
a circumstance or condition required by law or custom for getting, having, or exercising a right, holding an office, or the like.
3.
the act of qualifying; state of being qualified.
4.
modification, limitation, or restriction: to endorse a plan without qualification.
5.
an instance of this: He protected his argument with several qualifications.

Origin:
1535–45; < Medieval Latin quālificātiōn- (stem of quālificātiō), equivalent to quālificāt(us) (past participle of quālificāre to qualify) + -iōn- -ion

nonqualification, noun
overqualification, noun
prequalification, noun
requalification, noun


4. reservation, stipulation, condition.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
qualification (ˌkwɒlɪfɪˈkeɪʃən)
 
n
1.  an official record of achievement awarded on the successful completion of a course of training or passing of an exam
2.  an ability, quality, or attribute, esp one that fits a person to perform a particular job or task: he has no qualifications to be a teacher
3.  a condition that modifies or limits; restriction
4.  the act of qualifying or state of being qualified

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
But he believes a professional licence could still be a useful qualification
  even if it was not a requirement for all managers.
It's a paper qualification that poisons the whole field.
It is astonishing to see people advertise their ignorance as though it were a
  qualification.
There are a lot of people with some qualification to speak on the matter who
  have tended to view the map as genuine.
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