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 ?
NAB authorised 241 inquiries from July to September and a total of 729 Investigation were authorised in first 9 months of year 2018.
The EBM authorised inquiry against former minister for Railways/ Provincial minister for irrigation Sindh Zafar Ali Leghari and others for involvement in corruption and occupying government land, inflicting Rs 574 million losses to national exchequer.
The EBM authorised conducting an inquiry against the management of Neelam-Jhelum project for the alleged misuse of authority and corruption.
The Bureau also authorised inquiry against officials of revenue department Malakand regarding corruption and misuse of authority.
According to the company, the change in authorised shares will provide sufficient capacity to support its programmes.
'Industry participants need to be clear on the limitations of using a corporate authorised representative business model.
Nationally, figures from a Freedom of Information request showed from 2009 there were at least 5,746 authorised firearms officers, while in 2014 that number has dropped to 4,986.
The company has joined the list of only 10 authorised purchasers globally that are authorised to acquire gold, platinum and silver bullion coins directly from the United States Mint.
The CMA further reminded investors to verify that the institutions they are dealing with are authorised by the CMA to conduct securities business, adding that persons who are not authorised by the CMA are not permitted to collect money or conduct any securities business.
The CMA further reminded investors to verify that the institutions they are dealing with are authorised by the CMA to conduct securities business, adding that persons who are not authorised by the CMA are not permitted to collect money or conduct any securities business such as dealing in securities, managing securities in circumstances involving the exercise of discretion, introducing parties in relation to securities business, advising on corporate finance business or otherwise acting to bring about a deal in a security transaction, advising a person on the merits of a security or exercising any right to deal conferred by a security, etc.
Of the 280 companies, a public unlisted company in the miscellaneous sector, has been registered with the highest authorised capital of Rs250 million, followed by two private limited companies, one in the leather sector with the authorised capital of Rs241 million and the other in the construction sector, with the authorised capital of Rs200 million.