Cryptocurrency Q&A
What is the meaning of POA in transaction?
What is the meaning of POA in transaction?
EchoPulse
Sun Nov 24 2024
|
7 answers
1773
I'm trying to understand the meaning of POA in the context of transactions. I've encountered this term and I'm not sure what it stands for or how it's used in transactions. Can someone explain it to me?
7 answers
Giulia
Tue Nov 26 2024
It enables an individual to delegate authority to another person.
Was this helpful?
189
24
charlotte_wilson_coder
Tue Nov 26 2024
For instance, in the case of a demat account, a PoA plays a significant role.
Was this helpful?
300
97
Elena
Tue Nov 26 2024
This person can then act on the principal's behalf.
Was this helpful?
203
55
CryptoTitanGuard
Tue Nov 26 2024
The specific terms and conditions are outlined within the PoA.
Was this helpful?
331
37
GangnamGlitzGlamour
Tue Nov 26 2024
In the context of financial matters, a PoA can be particularly useful.
Was this helpful?
296
56
Load 5 more related questions
