/spɛndɪŋ ɔːˈθɒrɪti/ – Phrase
Definition: 1. cơ quan chi tiêu;
2. căn cứ pháp lý của các khoản chi.
A more thorough explanation: Spending authority refers to the legal authority granted to an individual or entity to incur financial obligations or make expenditures within a specified budget or funding limit. This authority is typically granted by a governing body or organization and outlines the parameters within which the individual or entity may allocate funds for specific purposes.
Example: The board of directors has granted the CEO spending authority up to $50,000 for routine operational expenses.