mandatary Definition
- 1a person or organization that has been given the authority to act on behalf of another
- 2having the nature of a command; obligatory
Using mandatary: Examples
Take a moment to familiarize yourself with how "mandatary" can be used in various situations through the following examples!
Example
The lawyer acted as a mandatary for his client.
Example
The company appointed a mandatary to handle their affairs in the region.
Example
The new policy is mandatary for all employees to follow.
mandatary Synonyms and Antonyms
Synonyms for mandatary
Phrases with mandatary
the legal authority granted to a mandatary to act on behalf of another person or organization
Example
The power of mandatary allowed the agent to sign the contract on behalf of the company.
a type of trust where the trustee is given specific instructions on how to manage the assets and distribute them to the beneficiaries
Example
The mandatary trust ensured that the assets were managed according to the wishes of the grantor.
a law that requires certain actions or behaviors, often with penalties for non-compliance
Example
The mandatary law required all businesses to provide equal pay for equal work.
Origins of mandatary
from Latin 'mandatum', meaning 'command'
Summary: mandatary in Brief
The term 'mandatary' [man-duh-ter-ee] refers to a person or organization that has been given the authority to act on behalf of another. It can also describe something that is obligatory or mandatory. Examples include a lawyer acting as a mandatary for a client, a company appointing a mandatary to handle their affairs, and a new policy being mandatary for employees to follow.