Authority

Business, Legal & Accounting Glossary

Definition: Authority



What is the dictionary definition of Authority?

Dictionary Definition


n. permission, a right coupled with the power to do an act or order others to act. Often one person gives another authority to act, as an employer to an employee, a principal to an agent, a corporation to its officers, or governmental empowerment to perform certain functions. There are different types of authority, including “apparent authority” when a principal gives an agent various signs of authority to make others believe he or she has authority; “express authority” or “limited authority,” which spells out exactly what authority is granted (usually a written set of instructions) “implied authority,” which flows from the position one holds and “general authority,” which is the broad power to act for another.


Cite Term


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Page URL
https://payrollheaven.com/define/authority/
Modern Language Association (MLA):
Authority. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2020 https://payrollheaven.com/define/authority/.
Chicago Manual of Style (CMS):
Authority. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/authority/ (accessed: November 30, 2020).
American Psychological Association (APA):
Authority. PayrollHeaven.com. Retrieved November 30, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/authority/

Definition Sources


Definitions for Authority are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.