| (I) (1.) An "authorization" is a right or a permission that is
granted to a system entity to access a system resource. (2.) An
"authorization process" is a procedure for granting such rights.
(3.) To "authorize" means to grant such a right or permission.
(See: privilege.)
(O) SET usage: "The process by which a properly appointed person
or persons grants permission to perform some action on behalf of
an organization. This process assesses transaction risk, confirms
that a given transaction does not raise the account holder's debt
above the account's credit limit, and reserves the specified
amount of credit. (When a merchant obtains authorization, payment
for the authorized amount is guaranteed--provided, of course, that
the merchant followed the rules associated with the authorization
process.)" [SET2]
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