attorney-in-fact

attorney-in-fact definition - business

attorney-in-fact

A person designated to act as an agent for someone else (the principal) under a written power of attorney. The authority of the attorney-in-fact depends on specific power included in the power of attorney.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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