Authorization Code


Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

Authorization Code

A code a financial institution submits electronically to a merchant stating that it approves of an attempted purchase with a debit card or credit card issued by that institution.
References in periodicals archive ?
Note: Requesting a new code will make the prior authorization code invalid.
Unlike the phone encryption mechanism, users don't need an authorization code to send a message securely.
In a further test, Tom Hunse, vice president of business development and investor relations, disclosed the authorization code and password for his own card on national television.
With this technology, individuals can participate in conference calls without a bridge number or authorization codes.
With virtual card reimbursement, payers provide virtual card numbers and authorization codes that enable hospitals and physicians to retrieve payments from merchant terminals.
For example, when I arrived in theater, property book UICs and type authorization codes were not being thoroughly validated or were often inaccurate.
Physical control of the unlock-and-launch authorization codes resides with the military, but the General Staff has direct access to them and can initiate a missile attack with or without the permission of political authorities.
The online shopping site will allow each school to set up its own authorization codes and requirements for each vendor, but give all the schools access to the WAICU negotiated contracts.
Security features such as authorization codes, lock/unlock, headcount and call disconnect provide for complete and flexible management of the conference bridge.
Because information is stored directly on the card, employees can carry data such as authorization codes, certification, and emergency medical histories.
Recently, a federal court in Arizona held that "'physical damage' is not restricted to the physical destruction or harm of computer circuitry but includes loss of access, loss of use, and loss of functionality." But other courts have held that cell-phone authorization codes and proprietary technical information are not covered as "tangible property."
Full browser ?