Letter of Authority
Letter of Authority Type: noun Pronunciation: /let-er-uhv-uh-tur-ri-tee/ Also spelled or known as: LOA Related: Power of Attorney, POA, Authorization What does Letter of Authority mean? A legal document authorizing an individual or organization to act on behalf of person or entity in specified legal, financial, or business matters. Within the music industry, a power of […]
Letter of Direction
Letter of Direction Type: noun Pronunciation: /let-er-of-dih-rek-shun/ Also spelled or known as: LOD Related: Royalty Splits, LOD What does Letter of Direction mean? A written instruction directing payment or royalty handling. In music, a Letter of Direction may tell a label, distributor, publisher, or society how to pay royalties or recognize splits. Letter of Direction […]