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Definition of 'Negative Authorization'
A credit card approval system that compares a credit card number to a list of canceled, lost, stolen and closed-account numbers. If the number is not on one of these lists, the transaction will be approved.
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Investopedia explains 'Negative Authorization'
Negative authorization is considered less stringent than positive authorization, which involves checking the bank's customer files for spending limits and security parameters, such as address and expiration date, before approving the transaction. Once the transaction is approved, a hold for the amount of the transaction is placed against the cardholder's credit limit.
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Search results for 'Negative Authorization'
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http://www.investopedia.com/university/credit-debt-management/management3.asp
... repair companies who claim to make your bad credit disappear - they won't. Accurate
negative information on ... is used without the authorization of that individual ...
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http://stocks.investopedia.com/stock-analysis/2011/OReilly-Automotives-Growth-Story-Continues-ORLY-AZO-AAP-PBY1214.aspx
... That's the second time in 2011, bringing the total authorization to $1.5 billion. ...
AutoZone (NYSE:AZO), doesn't register because it has negative equity, due to ...
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http://www.investopedia.com/exam-guide/series-63/registration-of-persons/broker-dealer-initial-registration.asp
... Any/all negative history including: securities related misdemeanor convictions; ... if
the aforementioned persons/entities have discretionary authorization or hold ...
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http://www.investopedia.com/articles/pf/07/avoid_foreclosure.asp
... borrow against your property or may even sell your home without your authorization. ...
the bankruptcy declaration will have left you with a negative credit score. ...
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http://www.investopedia.com/exam-guide/series-66/regulation-broker-dealers/registration-requirements.asp
... Any/all negative history, including securities-related misdemeanor convictions,
Administrative ... broker-dealers or IAs have discretionary authorization or hold ...
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http://www.investopedia.com/exam-guide/series-26/sales/finra-conduct-rule-2310-2330-2510.asp
... family or to registered investment advisers who receive written authorization from
an ... at net asset value of money market funds using negative response letters. ...
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