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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Authorizing Resolution

Definition:

When a company's board of directors decides to make a specific corporate action.

They decide to launch a new product? It's an authorizing resolution. They decide to appoint a new position? Authorizing resolution. They decide to throw a parade with glitter and floats? It might raise an eyebrow or two, but it's still an authorizing resolution.