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A Delegation of Authority letter is used to authenticate other authorized signers. The Delegation of Authority letter should accompany the financial instrument or permit application, etc., it is intended to supplement.
Verb. If you delegate duties, responsibilities, or power to someone, you give them those duties, those responsibilities, or that power so that they can act on your behalf.
Some examples of delegation in the workplace with varying levels of trust and autonomy include: Giving directions to a subordinate and telling them exactly what to do. Assigning someone to compile research, gather feedback, and report back to you so you can make informed decisions.
The Delegation of Signing Authority is a temporary transfer of expenditure decision-making authority to a staff member who has the necessary skill and knowledge to effectively exercise this control.
Meaning: It means the granting of authority to subordinates to operate within the prescribed limits. The manager who delegates authority holds his subordinates responsible for proper performance of the assigned tasks.