POWERS OF DIRECTORS
\pˈa͡ʊəz ɒv da͡ɪɹˈɛktəz], \pˈaʊəz ɒv daɪɹˈɛktəz], \p_ˈaʊ_ə_z ɒ_v d_aɪ_ɹ_ˈɛ_k_t_ə_z]\
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The powers vested in a director of any firm. They can usually act as the agents of a firm, gain access to the accounts of a firm or give or take security. They can even determine the shares of a firm, and how they are issued, forfeited or transferred.
By Henry Campbell Black
