Topic Areas

Act on behalf of

Definition:

Do something in the name of another person or institution.

She hadn't had time to act on behalf of Jim before she made the presentation.

A trustworthy guardian must act on behalf of this minor.

Key Phrases
Protest a bill
Accrual
Accrued liability
Interest rate
Deferred payments
Amortization
take-over bid
limited liability company
Subject to collection
Safety deposit box
Added value
Value at market price
Long-term financing
Appraisal
Capital loss
Account activity
Cash flow
Adjustable-Rate Mortgage
Merchant bank
Capital assets

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