EWC Power of Attorney
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Terminology concepts
power of attorneyNo contributors
ConceptDraft
a legal instrument by which an authorizer grants authority to a representative to act on their behalf in legal, financial or administrative matters
position combinationNo contributors
ConceptDraft
a rule or arrangement specifying the required combination of individuals in certain roles or positions who must act together to exercise signatory rights or authority
authorityNo contributors
ConceptDraft
the broad legal or organizational power granted to an individual or entity to make decisions, act, or delegate actions on behalf of another entity
authorizerNo contributors
ConceptDraft
an entity that grants authority to a representative to act on their behalf in specified matters defined in a power of attorney
signatory rightsNo contributors
ConceptDraft
the specific entitlements granted to an individual or entity to sign documents on behalf of another party, within the scope of delegated authority
scopeNo contributors
ConceptDraft
the range of actions, decisions, or responsibilities that an authorized representative is permitted to perform under the power of attorney
authorizationNo contributors
ConceptDraft
the formal act by which an authorizer grants a representative the legal right or power to act on their behalf in specified matters
basisNo contributors
ConceptDraft
the legal, contractual, or organizational foundation that provides the authority to grant signatory rights, signing authority, or other forms of representation
signing authorityNo contributors
ConceptDraft
a specific type of authority granted to an individual or entity to sign documents on behalf of the authorizer
representativeNo contributors
ConceptDraft
an entity who is granted authority by an authorizer to act on their behalf in legal, financial, administrative or other specified matters
signatory rulesNo contributors
ConceptDraft
the specific conditions, requirements, or constraints that govern how signatory rights can be exercised
conditionNo contributors
ConceptDraft
a specification of the additional criteria, circumstances, or requirements under which an authorization or action within the scope of authority is valid, applicable, or restricted