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Tags: law
Categories: Economics & Finance
A person who is authorized to perform business-related transactions on behalf of someone else (the principal). In order to become someone’s attorney in fact, a person must have the principal sign a power of attorney document. This document designates the person as an agent, allowing him or her to perform actions on the principal’s behalf.
(source: http://www.investopedia.com/terms/a/attorneyinfact.asp)
Synonyms:
legal representative, proxy, representative,
