Definition of Irrevocable power of attorney

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TeachMeFinance.com - explain Irrevocable power of attorney




historic definition...

Irrevocable power of attorney -- A power of attorney that cannot be revoked; such a power is given in assigning or transferring title to stocks and bonds . The blank or form used for a stock is commonly spoken of as a stock power and that for a bond as a bond power.



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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