General Power Of Appointment

Business, Legal & Accounting Glossary

Definition: General Power Of Appointment




Full Definition of General Power Of Appointment


A power of appointment that can be exercised for the benefit of anyone, including the power-holder himself. Technically, a power to appoint to anyone, but only in one’s will, is a general power — although, naturally, the power-holder can’t appoint to himself in this case.


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Definition Sources


Definitions for General Power Of Appointment are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th April, 2020 | 2 Views.