Definition of Delegation

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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

Mark McCracken

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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