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ACT
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   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Encyclopedia 0.01 sec.

ACT

Abbreviation for Australian Capital Territory.

act

In drama, the principal division of a play, usually marking a change of location, time, or mood. Acts are subdivided into scenes. All Shakespeare's plays are printed in five acts. The majority of modern plays are divided into three acts.



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The person who is issuing the power of attorney is known as principal and the person who acts on behalf of the principal is known as attorney-in-fact or agent.
The new draft imposes the commission disclosure requirements "in any insurance transaction where any insurance producer or any affiliate of such producer receives any compensation from the customer or acts on behalf of the customer.
A lead plaintiff is a class member who acts on behalf of other class members in directing the litigation.
 
 
 
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