1. A geographical area that has been officially recognized, authorized, or sanctioned by a governing body, organization, or regulatory authority
The distributor can only operate within the approved territory specified in the contract.
O distribuidor só pode operar dentro do território aprovado especificado no contrato.
2. In business and commerce, a defined geographic region granted to a company or individual for exclusive or non-exclusive trading rights
Sales representatives were assigned to different approved territories to avoid market overlap.
Os representantes de vendas foram atribuídos a diferentes territórios aprovados para evitar sobreposição de mercado.