Verification typically involves Reviews to evaluate
documents,plans,code,requirements and specifications.This
can be done with check lists .walkthrouhs and inspections.
Validation typically involves actual testing and takes place
after verification

Verificatio is nothing but to check whether our apllication 
si based on corresponding specifications or not?
Validation is nothing but to check whether our apllication 
ifuinctionality is equal to customer requirements or not?

verification is nothing but the process of checking the 
product whether you are doing it in the correct way with 
respect to requirements.

Validation- process of checking whether the developed 
product is correct or not

verification is Defect-prevention oriented means before 
going to actual testing we review the test plan documents, 
test cases.

validation in defect-detection and correction oriented 
means actual testing .
 if it is wrong plz correct me.

verification is static and validation is dynemic
in verification no need to excute code,while in validation 
need to excute code.
verification means are we going to build the system 
right.and validation means you are build the right system

verification is the process before the build ready, i mean 
conducting review on BRS, SRS, HLD, LLD's this process is 
called verification, it is process level, done by 
developers. 

validation is conducting testing on build- integration 
testing,unit testing, system testing, UAT. This is 
completion level. 

This is my opinion.

verification--Testing with respect to SRS or Quality 
Assurance

Validation--Testing with respect to BRS or Quality Control

verification is the process which checks whether the 
application meets specifications given by the customer 
other name for this is review

validation is the process where it satisfy the business 
scenario