procuration

/P R OW0 K Y UH1 R EY1 SH AH0 N/
noun
  1. 1

    The act of procuring; procurement.

  2. 2

    The management of another's affairs.

  3. 3

    The instrument by which a person is empowered to transact the affairs of another; a proxy.

  4. 4

    A sum of money formerly paid to the bishop or archdeacon, now to the ecclesiastical commissioners, by an incumbent, as a commutation for entertainment at the time of visitation; called also proxy.

Source: https://en.wiktionary.org/wiki/procuration