BNET Business Dictionary
Business Definition for: Authority
- the right to act or command. People willingly obey a person in authority, because they believe he or she has a legitimate entitlement to exercise power. Max Weber distinguishes three types of legitimate authority: rational-legal, derived from the office held; traditional, from custom, an ancient tradition of obedience; and charismatic, exerted by those whose exceptional abilities confer the right to lead. The third form is the basis for the charismatic authority leadership theory.
Wiktionary Definition for: Authority
- uncountable The power to enforce rules or give orders.
- cattag used in singular or plural form Persons in command; specifically, government.
- countable One who is accepted as a source of reliable information on a subject.
Additional Resources
- Think Tank Questions FCC's Network Neutrality Authority
- In a filing supporting Comcast's appeal of the FCC's ruling that Comcast violated the agency's network neutrality principles when it throttled P2P traffic from BitTorrent, the Progress and Freedom Foundation contends the principles are not legally enforceable.The FCC Federal Communications Commission lacks the legal authority to enforce its network neutrality...
- News items 2009-08-12
- Week in Review.(Review)(includes Michigan court of Appeals releases Wayne County Airport Authority ruling)
- Court clears way for airport authority The Wayne County Airport Authority can run Detroit Metropolitan Airport, the Michigan Court of Appeals ruled in a 3-0 decision. The Wayne County Commission filed suit to prevent the authority from assuming ow Court clears way for...
- Research articles 2002-09-30
- MOODY'S ISSUES ANNUAL REPORT ON GREATER VANCOUVER TRANSPORTATION AUTHORITY
- In its annual report on the Greater VancouverTransportation Authority GVTA, Moody's says that the authority's Aa3rating reflects strong financial performance and financial flexibility.The rating also reflects the authority's aggressive capital planrequiIn its annual report on the Greater VancouverTransportation Authority GVTA, Moody's says that the authority's Aa3rating reflects strong financial performance...
- Research articles 2007-10-25
- CANADA: MOODY'S ISSUES ANNUAL REPORT ON GREATER VANCOUVER TRANSPORTATION AUTHORITY.
- In its annual report on the Greater Vancouver Transportation Authority GVTA, Moody's says that the authority's Aa3 rating reflects strong financial performance and financial flexibility. The rating also reflects the authority's aggressive capital In its annual report on the Greater Vancouver Transportation ...
- Research articles 2007-10-25
- Authority Limits
- The essence of authority limits is that the negotiator lacks the authority to conclude a final agreement - or claims that he or she lacks that authority. In fact, there are three possibilities. The article asserts on many uses for the authority limit tactic. There are two caveats that apply...
- White papers 2003-01-01
- JORDAN: CIVIL AVIATION AUTHORITY SEEKS FINANCIAL INDEPENDENCE.(Jordanian Civil Aviation Public Authority)(Brief Article)
- According to Al-Hayat newspaper (January 7, 2001), the Board of Directors of the Jordanian Civil Aviation Public Authority recommended the Jordanian Cabinet to grant financial and administrative independence to the authority, representing an initial According to Al-Hayat newspaper (January 7, 2001), the Board of ...
- Research articles 2001-01-10
- David Witherow appointed as Executive Chairman of Radio Authority.
- M2 PRESSWIRE-8 May 2003-UK Government: David Witherow appointed as Executive Chairman of Radio AuthorityC1994-2003 M2 COMMUNICATIONS LTD RDATE:05082003 The Radio Authority has today (8 May) announced that David Witherow will be taking up the position of Executive Chairman of the Radio ...
- Research articles 2003-05-08
- Port Authority may get more funding power; Money could be used for Cobo, other plans.(News)
- Byline: Michelle Martinez Detroit development projects like an expanded Cobo Center or a bigger Motown museum could get the one thing they need to see the light of day - money. Amendments to the Port Authority Act passed by the state House...
- Research articles 2005-09-26
- Trade Promotion Authority bill moves toward House battle
- With recent approval by the Senate, backers of broad trade authority for President Bush are girding for some tough bargaining with the House over a final version of the Trade Promotion Authority bill.The U.S. Trade Promotion Authority TPA is the trade negotiating authority Congress has granted to the previous five...
- Research articles 2002-07-01
- Fitch Rates Suffolk County Water Authority, New York's $70MM Var-Rate BANs 'AA+/F1+'
- NEW YORK -- Fitch Ratings assigns a rating of 'AA+/F1+' to the $70,000,000 Suffolk County Water Authority the authority variable-rate bond anticipation notes BANs, 2008. The 'AA+' long-term rating reflects the credit quality of the authority. The 'F1+' short-term rating is based on the standby bond purchase agreement SBPA issued...
- Research articles 2008-01-10
- Fitch Rates Port Authority of New York and New Jersey Series 152 Revs 'AA-' Underlying
- NEW YORK -- Fitch Ratings assigns an underlying 'AA-' rating to the Port Authority of New York and New Jersey's the authority $400 million of consolidated bonds, series 152. The bonds are expected to sell competitively on or about May 7th. Bond proceeds will be used to fund components of...
- Research articles 2008-05-05
- UK GOVERNMENT: New chairman for NHS Information Authority.
- M2 PRESSWIRE-22 March 1999-UK GOVERNMENT: New chairman for NHS Information Authority C1994-99 M2 COMMUNICATIONS LTD RDATE:220399 Professor Alastair Bellingham CBE has been appointed Chairman-designate of the NHS Information Authority. Legislation has now been laid to establish the NHS Information Authority as...
- Research articles 1999-03-22
- How To Negotiate When The Other Person Tells You That They Don't Have The Authority To Decide
- One of the most frustrating situations a person can run into is trying to negotiate with the person who claims that he or she doesn't have the authority to make a final decision. Unless he realizes that this is simply a negotiating tactic that's being used on a person, he...
- White papers 2003-01-01
- New NYC agency offers tantalizing underwriter slots; finance and authority's muni bond promise lures firms; could pay off for Goldman. (Goldman Sachs & Co.)
- With the state Legislature close to approving a new city financing authority, Wall Street investment banks have begun jockeying for bond underwriting assignments. Creating the new agency - to be named the New York City Finance Authority - would allow With the state Legislature close to...
- Research articles 1997-01-13
- This Just In.(Wayne County Health Authority )
- Health Authority to offer financing for new clinics The architects of the Detroit-Wayne County Health Authority are crafting a plan to draw more primary-care clinics into medically underserved neighborhoods by offering low-cost financing to doctors Health Authority to offer financing for new clinics ...
- Research articles 2004-03-15
- The Illinois Finance Authority Enters into Closing Agreement with the Internal Revenue Service
- CHICAGO -- The Illinois Finance Authority, the successor to the Illinois Development Finance Authority (the "Authority"), announced today that it has entered into a closing agreement with the Internal Revenue Service ("IRS") which resolves an examination by the IRS of the Authority's $150,000,000 Local Government Financing Program Revenue Bonds, Series...
- Research articles 2005-07-28
- Clinton Delays Fast-Track Trade Plan: renewal of president's authority seen crucial for US trade position.
- Renewal of president's authority seen crucial for US trade position. PRESIDENT CLINTON LAST WEEK began a campaign to convince Congress that it must renew his authority to negotiate "fast-track" trade agreements if the US is going to kee Renewal of president's authority...
- Research articles 1997-09-15
- Port Authority restructures program to improve bond rating. (St. Paul, Minnesota)
- Like numerous other development entities, the Port Authority of the City of St. Paul has experienced fallout from projects undertaken in the heady days of the 1980s. In an attempt to remedy the situation, the authority has restructured its newest in Like numerous other development...
- Research articles 1991-07-01
- Fitch Rates Sacramento County Authority, CA, Sewer Bnds 'AA'
- AUSTIN, Texas -- Fitch Ratings assigns an 'AA' to the Sacramento County Sanitation Districts Financing Authority, CA the authority $167.6 million revenue bonds, series 2005 (County Sanitation District No. 1). Additionally, Fitch affirms the 'AA' rating for the authority's $1.093 billion revenue bonds outstanding and the 'AA-' for the authority's...
- Research articles 2005-05-10
- FedEx to purchase Chinese Route Authority from Evergreen International Airlines
- MEMPHIS, Tenn.--BUSINESS WIRE--Feb. 24, 1995--Federal Express Corporation announced today it had reached an agreement with Evergreen International Airlines, Inc., to purchase Evergreen's all-cargo route authority to serve China. Under this authority, FedEx will become the sole U.S.-based express carrier with aviation rights to China. The transfer of the...
- Research articles 1995-02-24
