mandate
Definition
Written authorization and/or command by a person, group, or organization (the 'mandator') to another (the 'mandatary') to take a certain course of action. Normally revocable until executed, a mandate is automatically terminated on the bankruptcy, incapacitation, removal from office, or death of the mandator. A check, for example, is a mandate issued by a customer of a bank, to pay it as instructed, from a customer's account balance.
mandate is in the Corporate, Commercial, & General Law subject.
mandate appears in the definitions of the following terms: order, defect-free, mandator, charter, rule and mandatary
This content can be found on the following page:
http://www.businessdictionary.com/definition/mandate.html
email to a friend print this definition cite this definition








