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trading authorization

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Financial Dictionary

trading authorization

A written document that gives another party the power to enter orders for an investor's account. The other party may be an employee of the broker-dealer handling the account, a spouse, or someone else designated by the client in the trading authorization.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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