What is Approval?

Legal Definition
The act of a judge or magistrate in sanctioning and accepting as satisfactory a bond, security or other instrument which is required by law to pass his inspection and receive his approbation before it becomes operative.
-- Black's Law Dictionary
Legal Definition
By a committee means exercise of discretion by committee as a whole and cannot be affected by delegation. See Ann. Cas. 1912B, 495.
-- Ballentine's Law Dictionary