signature authority
"Signature authority" is crucial in business and legal contexts as it empowers individuals to make binding decisions on behalf of an entity.
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Definition
C1Business
(formal)The power given to an employee to sign contracts and commit the employer to obligations.
Example
- The manager has signature authority to approve large purchases for the company.
C1Law
(formal, technical)Control over a financial account or legal matters through one's signature.
Example
- She has signature authority over the company's bank accounts.
Similar
Terms that have similar or relatively close meanings to "signature authority":
public authoritystatutory authoritymoral authorityatomic authorization