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Power

Law Library - American Law and Legal InformationFree Legal Encyclopedia: Plc (public limited company) to Prerogative of mercy

The right, ability, or authority to perform an act. An ability to generate a change in a particular legal relationship by doing or not doing a certain act.

In a restricted sense, a liberty or authority that is reserved by, or limited to, a person to dispose of real or PERSONAL PROPERTY, for his or her own benefit or for the benefit of others, or that enables one person to dispose of an interest that is vested in another.

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