Dictionary of Banking Terms: authentication
authentication
legal verification of the genuineness of a bond,document, or signature. In electronic funds transfers, authentication is a method of verifying that a payment instruction has in fact originated at the sending bank, and has not been tampered with by an unauthorized party.
Dictionary of Business Terms: authentication
authentication
identification of a bond certificate as having been issued under a specific indenture, thus validating the bond. Also, legal verification of the genuineness of a document, as by the certification and seal of an authorized public official.
Dictionary of Finance and Investment Terms: authentication
authentication
identification of a bond certificate as having been issued under a specific indenture, thus validating the bond. Also, legal verification of the genuineness of a document, as by the certification and seal of an authorized public official.
