verb
- giving permission or approval in advance before an action is taken
Usage: present participle of preauthorize; commonly used in financial and business contexts
Examples
- The bank is preauthorizing the wire transfer before the funds are sent.
- By preauthorizing the payment, you can avoid delays at checkout.
- The company is preauthorizing overtime hours for the busy season.
- She completed the form for preauthorizing automatic monthly deposits.
- The system requires preauthorizing large purchases before processing them.