power of attorney

Definitions

Accounting

  • noun a legal document which gives someone the right to act on someone’s behalf in legal matters

Construction

  • An authorization to act as an agent for another party. See also attorney-in-fact.

Forex

  • A document that gives another person or firm the legal authorization to take actions on behalf of an individual. Forex account or fund managers might request a signed limited power of attorney that gives them the legal authority to make discretionary forex trades in an investor's account.

Law

  • noun an official power giving someone the right to act on someone else’s behalf in legal matters
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