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TeachMeFinance.com - explain
Delegation
historic definition...
Delegation -- Abbreviated name for letter of delegation ; see
Letter of delegation.
The term delegation is also used when an original debtor
presents to his creditor a third person who becomes obligated
in his stead.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2007 by Mark McCracken, All Rights Reserved.
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