HomeTermsCompareFinance Power of AttorneyThe definition for Power of Attorney:An authority by which one person (principal) enables another (attorney in fact) to act for him. (1) General power - Authorizes sale, mortgaging, etc. of all property of the principal. Invalid in some jurisdictions. (2) Special power - Specifies property, buyers, price and terms. How specific it must be varies in each state. Click to compare definitions of Power of Attorney Click to view definitions beginning po |