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Home > QFINANCE Dictionary > Definition of authority

Definition of


General Management

right to be in charge the right to act or command. People willingly obey a person in authority, because they believe he or she has a legitimate entitlement to exercise power.

Definitions of ’authority’ and meaning of ’authority’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’authority’ and other financial terms with our online QFINANCE Financial Dictionary.

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