authentication

/ɔ:ˌθentɪ'keɪʃ(ə)n/ noun
1. an action of checking that something is true, such as an instruction sent to a bank by email
2. a method of proving the identity of a person or company
COMMENT: Authentication is particularly important on the Internet where you do not actually see the person or premises of a company when making a purchase. If CompanyX wants to prove to Internet customers that they are really CompanyX and not a fraudster, they must ask an independent authenticator to issue them with a unique certificate of authentication. A visitor to the CompanyX website can ask to see this certificate and will be shown the unique number supplied by the trustworthy independent authenticator. Authentication is normally only used on commercial web sites that are selling goods.

Dictionary of banking and finance. 2015.

Synonyms:

Look at other dictionaries:

  • Authentication — (from Greek αυθεντικός; real or genuine, from authentes; author) is the act of establishing or confirming something (or someone) as authentic , that is, that claims made by or about the thing are true. This might involve confirming the identity… …   Wikipedia

  • authentication — index acknowledgment (avowal), affirmation, approval, attestation, avowal, certificate, confirmation, co …   Law dictionary

  • authentication — n. a mark on an article of trade to indicate its origin and authenticity. Syn: hallmark, assay mark. [WordNet 1.5] 2. validating the authenticity of something or someone. Syn: certification. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • authentication — (n.) 1788, noun of action from AUTHENTICATE (Cf. authenticate) (v.) …   Etymology dictionary

  • authentication — /aSentakeyshan/ In the law of evidence, the act or mode of giving authority or legal authenticity to a statute, record, or other written instrument, or a certified copy thereof, so as to render it legally admissible in evidence. Verifications of… …   Black's law dictionary

  • authentication — In the context of bonds, refers to the validation of a bond certificate. Bloomberg Financial Dictionary * * * authenticate UK US /ɔːˈθentɪkeɪt/ US  /ɑːˈθenṱɪ / verb [T] ► to prove that something is real, true, or what people say it is: »Each of… …   Financial and business terms

  • Authentication —   An ISO term. A process used, between a sender and a receiver, to ensure data integrity and to provide data origin authentication.   The checking of a request (e.g.. to execute a financial transaction) to ensure that it is bona fide …   International financial encyclopaedia

  • authentication —    In a network operating system or multiuser system, the process that validates a user s logon information. Authentication may involve comparing the user name and password to a list of authorized users. If a match is found, the user can log on… …   Dictionary of networking

  • authentication — mokėjimo operacijos autentiškumo patvirtinimas statusas Aprobuotas sritis finansų rinka apibrėžtis Procedūra, kurią atlikdamas mokėjimo paslaugų teikėjas tikrina mokėjimo priemonės, įskaitant jos personalizuotus saugumo požymius, naudojimą.… …   Lithuanian dictionary (lietuvių žodynas)

  • authentication — autentiškumo patvirtinimas statusas T sritis Gynyba apibrėžtis Paliudijimas atitinkamu parašu ar antspaudu, kad dokumentas tikras ir oficialus. atitikmenys: angl. authentication pranc. authentification …   NATO terminų aiškinamasis žodynas

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