power of appointment

noun Law.
  1. the authority granted by a donor to a donee to select the person or persons who are to enjoy property rights or income upon the death of the donor or of the donee or after the termination of existing rights or interests.

Origin of power of appointment

First recorded in 1930–35
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British Dictionary definitions for power of appointment

power of appointment

noun
  1. property law authority to appoint persons either from a particular class (special power) or selected by the donee of the power (general power) to take an estate or interest in property
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