👉 In the context of business, a "signatory" refers to an individual or entity that has agreed to be bound by a document or agreement. This can include individuals who have signed documents such as contracts, legal agreements, and other forms of written correspondence. Signatories are also often referred to as signers in legal contexts. For example, if you were a business owner and wanted to establish a contract with your employees, you would need to sign the document as an employee. Similarly, if you
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What is the definition of Signatory? 🙋
👉 The term "signatory" refers to an individual or organization that has agreed to be bound by certain terms and conditions, typically in a legal document or agreement. It is often used in contexts where there is a need for parties to bind themselves to specific agreements or commitments. The act of signing the document signifies the commitment of the party to adhere to the terms outlined in it.
What is the definition of Signator? 🙋
👉 The term "signator" refers to a person or entity that is involved in or has an influence over a business transaction, such as purchasing goods or services from another party. In the context of finance, this may involve the signing of financial documents, which typically involves the signature of a specific individual or organization, usually referred to as the "signator." This can be done through various forms of digital signatures, such as electronic signatures or biometric authentication methods, depending on the specific requirements and regulations
