In plain English
This is the individual officially allowed to place a signature for someone else or for an organisation. The important point is that this power has been formally given, not merely assumed or claimed.
In context
Here, it identifies the signer presented as the person formally empowered to sign the agreement for that party.
- Situation
- Reading agreement sections, parties, dates, signatures, and execution status
- What it communicates
- identifies the signer presented as signing for the party in an authorized role.
Meaning limits
The term by itself does not show whether the agreement has already been signed or is in effect.
Examples
“Although Maya negotiated the purchase, only the authorized signatory could sign the agreement for the charity.”
“Daniel Ortiz signed for the landlord as the authorized signatory.”