attorney in fact definition

attorney in fact

Agent who holds the power of attorney allowing him or her to transact business and execute legal documents on behalf of a principal. Decisions made and actions taken by an attorney in fact (within the scope of his or her authority) are legally binding on the principal. An attorney-in-fact need not be an attorney-at-law.

attorney in fact is in the Agreements & Contracts and Corporate, Commercial, & General Law subjects.

attorney in fact appears in the definitions of the following terms: power of attorney and attorney

This content can be found on the following page:

http://www.businessdictionary.com/definition/attorney-in-fact.html