Definition
A legal document authorizing someone to act on your behalf in legal or financial matters, essentially giving them the keys to your life. Choose wisely, or you might find your nephew has sold your house and moved to Tahiti.
Example Usage
She granted her daughter power of attorney when she entered the hospital, allowing her to make medical and financial decisions.
Origin
From medieval legal practice, formalized in English common law by the 16th century
Fun Fact
A 'durable' power of attorney remains in effect even if you become mentally incapacitated, while a regular one terminates if you lose mental capacity—which is often when you need it most.
Source: Common legal terminology
Related Terms
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See “power of attorney” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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