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1. a person invested with the authority of a particular position or office; may be public or private in that the occupied office may or may not be invested with a public trust. 2. corporate personnel appointed by the directors and charged with the duty of managing the day-to-day affairs of the corporation.
see de facto [DEFACTO OFFICER]
Source: Barron's Dictionary of Legal Terms, Steven H. Gifis, 5th Edition; ©
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