Implied Authority

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Dictionary Says

Definition of 'Implied Authority'

An agent with the jurisdiction to perform acts which are reasonably necessary to accomplish the purpose of an organization. Under contract law, implied authority figures have the ability to make a legally binding contract on behalf of another person or company.

Investopedia Says

Investopedia explains 'Implied Authority'

An agent of an insurance company can be given the authority to solicit applications for life insurance on behalf of the insurer. When the insurer gives the agent that express authority, it also gives the agent the implied authority to telephone prospects on its behalf to arrange sales appointments.
Search results for

'Implied Authority'

  • Catch On To The CCAPM

    http://www.investopedia.com/articles/06/CCAPM.asp
    ... The implied returns and risk premium are determined by the investors' consumption ...
    European Central Bank in Germany and the Financial Services Authority in the ...

  • The Government And Risk: A Love-Hate Relationship

    http://www.investopedia.com/articles/financial-theory/09/government-subsidizing-risk.asp
    ... people arguing that the theory makes the case for the implied subsidization of ... Section
    8) of the Constitution, which gives the government the authority to tax ...

  • Catch On To The CCAPM

    http://www.investopedia.com/articles/06/ccapm.asp
    ... The implied returns and risk premium are determined by the investors' consumption ...
    European Central Bank in Germany and the Financial Services Authority in the ...

  • Financing Basics For First-Time Homebuyers

    http://www.investopedia.com/articles/mortgages-real-estate/08/homebuyer-financing-option.asp
    ... For more on this type of loan, see Insuring Federal Housing Authority Mortgages ... LTV
    is determined by the amount of actual or implied equity that is available in ...

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