signature authority

名词 n.
中文释义

英文释义

名词 n.
  1. The authority of an employee acting unilaterally to commit an employer to a contract. uncountable
    — Some small banks still use this model, but larger institutions tend to entrust a single individual with signature authority, at least to a certain loan dollar amount.
  2. The maximum value of such contract. uncountable
    — As a first level manager my signature authority is $500.
  3. Control over a financial account with ones signature. uncountable
    — Officers or employees who file an FBAR to report signature authority over an employer’s foreign financial account don’t need to personally keep records on their employer’s accounts.
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