Proxy

Proxy
Document intended to provide shareholders with information necessary to vote in an informed manner on matters to be brought up at a stockholders' meeting. Includes information on closely held shares. Shareholders can and often do give management their proxy, representing the right and responsibility to vote their shares as specified in the proxy statement. The New York Times Financial Glossary

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proxy prox‧y [ˈprɒksi ǁ ˈprɑːksi] noun proxies PLURALFORM [countable]
1. someone whom you choose to act for you. For example, if a person owning shares in a company cannot come to a company meeting, someone else can be given the power to vote for him or her:

• If you have consulted the proxy and confirmed that he or she is able and willing to vote for you, they do not have to sign any forms.

• The poll showed 68% in favour of the idea, mainly proxy votes from institutional shareholders.

2. a document that gives one person the power to speak, vote, or make decisions for someone else, especially at a meeting
3. by proxy if you do something by proxy, you arrange for someone else to do it for you:

• You will need to say on the application form whether you want to attend the meeting or vote by proxy.

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   A written authorization by a shareholder for another party, or a company's board of directors, to cast votes at a shareholders' meeting. Proxy votes are often gathered by dissident shareholders who wish to force the board of directors to change policy.

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proxy UK US /ˈprɒksi/ noun
[C or U] a written document that officially gives someone the authority to do something for another person, for example by voting at a meeting for them: »

A creditor may give a proxy to any person of full age requiring him or her to vote for or against any specified resolution.

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proxy materials/cards/forms

[C or U] a person who you choose to do something officially for you, for example to vote at a meeting or in an election when you are not able to vote yourself: »

Your proxy does not necessarily have to sign the form himself or herself.

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Any patron with a registered ballot book may participate in the minimum-bid auction in person Saturday, or via proxy.

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proxy votes/voting

by proxy — Cf. by proxy
[C] a situation, process, or activity to which another situation, etc. is compared, especially in order to calculate how successful or unsuccessful it is: a proxy for sth »

Wall Street typically uses volume growth as a proxy for the underlying health of a business.


Financial and business terms. 2012.

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Look at other dictionaries:

  • proxy — / präk sē/ n pl prox·ies [Middle English procucie, contraction of procuracie, from Anglo French, from Medieval Latin procuratia, alteration of Latin procuratio appointment of another as one s agent] 1: the act or practice of a person serving as… …   Law dictionary

  • Proxy — may refer to something which acts on behalf of something else, as in:* Proxy (statistics), a measured variable used to infer the value of a variable of interest * Proxy (climate), a measured variable used to infer the value of a variable of… …   Wikipedia

  • Proxy — (en. proxy ‚Stellvertreter‘) steht für: Proxy (Rechnernetz), ein Vermittler in Computernetzwerken Stellvertreter (Entwurfsmuster), ein Entwurfsmuster aus dem Bereich der Softwareentwicklung Proxy (Klimaforschung), indirekter Anzeiger des Klimas… …   Deutsch Wikipedia

  • Proxy — Prox y, n.; pl. {Proxies}. [Contr. from procuracy. Cf. {Proctor}.] 1. The agency for another who acts through the agent; authority to act for another, esp. to vote in a legislative or corporate capacity. [1913 Webster] I have no man s proxy: I… …   The Collaborative International Dictionary of English

  • Proxy — Prox y, v. i. To act or vote by proxy; to do anything by the agency of another. [R.] [1913 Webster] …   The Collaborative International Dictionary of English

  • Proxy — Proxy: Прокси сервер Proxy (шаблон проектирования) …   Википедия

  • proxy — Under the Bankruptcy and insolvency Act a written statement can be made whereby a creditor appoints another person to act on his behalf in a creditors meeting and any other matters pertaining to that bankruptcy. (Dictionary of Canadian Bankruptcy …   Glossary of Bankruptcy

  • proxy — mid 15c., prokecye, agency of one who acts instead of another, contraction of Anglo Fr. procuracie, from M.L. procuratia administration, from L. procuratio care, management, from procurare manage (see PROCURE (Cf. procure)) …   Etymology dictionary

  • proxy — deputy, attorney, *agent, factor …   New Dictionary of Synonyms

  • proxy — [n] agent alternate, ambassador, assignee, attorney, backup, broker, delegate, deputy, emissary, envoy, executor, intermediary, lawyer, mediary, negotiator, representative, stand in, substitute, surrogate; concept 348 …   New thesaurus

  • proxy — ► NOUN (pl. proxies) 1) the authority to represent someone else, especially in voting. 2) a person authorized to act on behalf of another. 3) a figure used to represent the value of something in a calculation. ORIGIN contraction of PROCURACY(Cf.… …   English terms dictionary

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