Carte Blanche

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Dictionary Says

Definition of 'Carte Blanche'

A French term meaning “blank document.” Carte blanche is commonly used in English to refer to a check that has been signed but does not have a dollar amount written in. The recipient of such a check then writes in whatever dollar amount he or she wants/needs.

 

Investopedia Says

Investopedia explains 'Carte Blanche'

The term carte blanche is more commonly used figuratively than literally. It usually means someone in power has given someone else the unconditional authority to spend money in a given situation and/or make decisions about that situation. This term is commonly used in politics and business. Carte blanche arrangements are often a bad idea because of their high potential for abuse.

Search results for

'Carte Blanche'

  • How Brokers Can Avoid A Market-Maker's Tricks

    http://www.investopedia.com/articles/financialcareers/06/mmakertricks.asp
    ... But seeing your "market order" in his basket of orders to be filled, he knows that
    you are giving him a carte blanche - in other words, that you are ...

  • How Does Bankruptcy Affect Your IRA? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/How-Does-Bankruptcy-Affect-Your-IRA.aspx
    ... The Bottom Line The new law does not provide carte blanche protection from
    creditors in all circumstances and situations. Any normal ...

  • Is Your CEO Really Earning A Bonus?

    http://stocks.investopedia.com/stock-analysis/2009/Is-Your-CEO-Really-Earning-A-Bonus-NUE-STLD-GNA-PSA-VNO1214.aspx
    ... me included. But that doesn't mean Nucor executives should have carte blanche
    when it comes to compensation. Annual Incentives Page ...

  • Financial Career Shift: Get In The Driver's Seat

    http://www.investopedia.com/articles/financialcareers/06/switchingfirms.asp
    ... move. Expenses Some of the bulge bracket and regional firms give their
    brokers the tools they need to sell carte blanche. On the ...

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