Meaning Authorized amount
What does Authorized amount mean? Here you find 3 meanings of the word Authorized amount. You can also add a definition of Authorized amount yourself
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Authorized amountIn routine credit card transactions, the authorized amount is the approved amount of money to be charged. After transactions are approved, the authorized amount is deducted from the amount of available credit.
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Authorized amountWithin credit card transactions, this is the approved amount to be charged for a transaction and is deducted from the available open amount of credit.
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Authorized amountAuthorized amount of money.
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