Transaction Approval
/ˈtrænzækʃən əˈpruːvəl/
Definitions
- (n.) The formal consent given by an authorized party or body to proceed with a legal or commercial transaction.
The transaction approval was required before the funds could be transferred.
Forms
- transaction approval
- transaction approvals
Related terms
See also
Commentary
Typically requires explicit consent documented by an authorized officer or entity; often a prerequisite in corporate governance and compliance contexts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.