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Meaning of power of appointment

pow'er of appoint'ment

Pronunciation: [key]
— Law. 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.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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