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Consumer Electronics Show Means Business
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Business Glossary
In general: written document that authorizes a particular person to perform certain acts on behalf of the one signing the document. The document, which must be witnessed by a notary public or some other public officer, may bestow either full power of attorney or limited power of attorney. It becomes void upon the death of the signer.
Investments: full power of attorney might, for instance, allow assets to be moved from one brokerage or bank account to another. A limited power of attorney, on the other hand, would only permit transactions within an existing account. Abroker given a limited power of attorney, for instance, may buy and sell securities in an account but may not remove them. Such an account is called a

