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Definition of 'Positive Authorization'
A system used to authorize retail purchases. Positive authorization compares all non-cash transactions against bank customer files for approval. Transactions that come back as delinquent are rejected.
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Investopedia explains 'Positive Authorization'
Positive authorization is a stricter form of credit approval than negative authorization. Positive authorization can reject a customer who has merely temporarily exceeded his limit. Negative authorization rejects only those who are genuinely delinquent cardholders.
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Search results for 'Positive Authorization'
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http://stocks.investopedia.com/stock-analysis/2010/Is-Safeway-Worth-Bagging---SWY0121.aspx
... That being said, when a company like Safeway decides to increase an authorization, I think it says something very positive about where the board thinks the ...
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http://www.investopedia.com/university/credit-debt-management/management3.asp
... Getting rid of the bad credit in order to improve your credit score requires adding positive information to ... is used without the authorization of that individual ...
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http://stocks.investopedia.com/stock-analysis/2010/Retail-Earnings-On-The-Clock-XRT-DBRN-FL-AZO-SPLS0223.aspx
... of directors followed up this performance with the authorization to repurchase an ... In its most recent quarter, Staples experienced positive customer traffic for ...
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http://www.investopedia.com/articles/economics/08/tarp-financial-system.asp
... It could have been seen as a positive by the market, except for the ... Authorization of the Securities And Exchange Commission (SEC) to suspend mark-to-market ...
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