
[French : carte, ticket + blanche, blank.]
| Cartage, Carryover Basis, Carryover | |
| Cartel, Carve Out, Cascading Menu |
A French term meaning “blank document.” Carte blanche is commonly used in English to refer to a check that has been signed but does not have a dollar amount written in. The recipient of such a check then writes in whatever dollar amount he or she wants/needs.
Investopedia Says:
The term carte blanche is more commonly used figuratively than literally. It usually means someone in power has given someone else the unconditional authority to spend money in a given situation and/or make decisions about that situation. This term is commonly used in politics and business. Carte blanche arrangements are often a bad idea because of their high potential for abuse.
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The guests had carte blanche when ordering at that restaurant.
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