authorize transaction

Acronyms

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Preferred Term

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Non-standard Terms

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Definitions

Type Definition Sources
Organizational Task The purpose of this task is to authorize a credit card purchase. (used 1 times in citations and controls)
  • Per ISO 704:2009 methodology
Verb A credit card purchase for which the merchant has received approval from the bank that issued the customer’s credit card. An authorized transaction can also refer to a transaction that the cardholder has initiated – in other words, it is not a fraudulent or unauthorized transaction. Merchants must authorize each credit card transaction to make sure they will actually get paid for the goods and services they are selling. (used 1 times in citations and controls)

Other Forms

Type Other Form
Future will authorize transaction
Past authorized transaction
Past Participle authorized transaction
Plural authorize transactions
Plural Future will authorize transactions
Plural Past authorized transactions
Plural Past Participle authorized transactions
Plural Present Participle authorizing transactions
Plural Third Person authorizes transactions
Present Participle authorizing transaction
Third Person authorizes transaction

Relationships

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Common Controls

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ID Control
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Citations

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AD ID Authority Document CT ID Reference Guidance CC ID
{{ citation.authority_document.id }} {{ citation.authority_document.common_name }} {{ citation.id }} {{ citation.reference }} {{ citation.guidance_as_tagged || citation.guidance }} {{ citation.control.id }} None
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