stipulated authority

Definition of "stipulated authority"
  1. The agreed-upon power or right that has been clearly specified or formally established
How to use "stipulated authority" in a sentence
  1. The contract granted stipulated authority to the manager to make certain decisions.
  2. The board of directors provided the CEO with the stipulated authority to oversee the company's daily operations.
  3. The stipulated authority was set forth in the bylaws to ensure the president had clear duties and responsibilities.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z