authorization

  • The amount of insurance that an insurer will accept from a broker; also the limit of authority for a claim adjuster in settling losses on his own initiative.

    Internal Revenue Service 1

1Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://­www.irs.gov/­irm/­part4/­irm_04-042-006.html (last accessed Dec. 22, 2009).