authorization

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Authorization

The granting of access to a document or the ability to conduct an activity. Authorization may be limited to a certain transaction or time period, or it may be unlimited. For example, a potential home buyer may grant a lender authorization to view his/her credit reports.

authorization

the granting of permission by a senior manager to a subordinate to undertake a particular task. For example, the chief executive could empower his purchasing officer to buy raw materials and authorize his production manager to buy machinery. The authorization process attempts to make sure that subordinates know the extent of their DELEGATED AUTHORITY.
References in periodicals archive ?
The ACCC has granted conditional interim authorisation to the Australasian Performing Right Association Ltd (APRA) for its arrangements for the acquisition and licensing of performing rights in music.
We have examined the proposal of 28 February 2001, made by the Board of Directors of Sampo-Leonia Insurance Company plc ("Sampo") to the Annual General Meeting, pertaining to the authorisation of the Board of Directors to decide on buy back of own A shares.
Interim authorisation commences immediately and will remain in place until the date that the ACCC's final determination comes into effect or is revoked.