apparent authority

Authority that a third party reasonably believes an agent has, based on the third party’s dealings with the principal, even though the principal did not confer or intend to confer the authority.

• Apparent authority can be created by law even when no actual authority has been conferred.

— Also termed ostensible authority; authority by estoppel. [Cases: Principal and Agent 99. C.J.S. Agency §§ 153–164.]

---

词条贡献者

资深译员Lisa，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与私募股权与投资基金有关的法律文件。