Incumbent

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Incumbent

An individual who is in current possession of a particular office and who is legally authorized to discharge the duties of that office.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

INCUMBENT, eccles. law. A clerk resident on his benefice with cure; he is so called because he does, or ought to, bend the whole of his studies to his duties. In common parlance, it signifies one who is in the possession of an office, as, the present incumbent.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Customer acquisition costs for CLECs, on average, have been $390 per net line added, more than twice the $185 spent by ILECs.
ILEC consumer and small business service revenues were $381 million, a decrease of 4 percent from the same period a year ago, and contribution margin was $201 million compared to $205 million year-over-year.
The Ilec study noted that the pens grew from 38 hectares in the 1970s to more than 30,000 ha in 1983.
Both the observed levels and the changes in ILEC residential wireline penetration are remarkably similar for the states in our sample, regardless of the regulatory environment.
Many of the providers for the new services did not have an ILEC regulatory status.
Access by competitors to ILECs' network facilities: The FCC has liberalized or eliminated regulation for many categories of ILEC network facilities and wholesale services to which CLECs seek access.
They are equal to the marginal cost that an ILEC would incur if the most efficient (cost-reducing) technology were in place.
(1) For example, a competitive local exchange carrier (CLEC) is permitted to rent space in the central office (operations center) of an incumbent local exchange carrier (ILEC) and co-locate its equipment in order to lease access to the ILEC's switching facilities at wholesale rates that are regulated by the state.
It has iLEC interlocking endcaps that reduce the change of seal leakage.