Financial Dictionary

This dictionary contains:
24549
financial terms

Proxy




Proxy

Person granted power of attorney by a shareholder to vote for him or her at an annual general meeting.

RELATED TERMS
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Shareholder
Person or entity that owns shares or equity in a corporation.



SIMILAR TERMS
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Proxegur
PROXEGUR Versicherungsmakler GmbH is an insurance broker specialized in insuring fund managers and based in Germany.

Proximus
Proximus is a major Belgian company.

Proxy Committee
A group of individuals appointed by the board of directors of the companies to formally represent the shareholders who send in proxy cards, to vote the represented shares in accordance with the shareholders' instructions.

Proxy Committee Ballot
The ballot signed and submitted at the meeting by the Proxy Committee. It is the legal voting of shares represented by proxies assigned to the Proxy Committee and should always be completed.

Proxy contest
A battle for the control of a firm in which a dissident group seeks, from the firm's other shareholders, the right to vote those shareholders' shares in favor of the dissident group's slate of directors.

Proxy directive
A legal document assigning the health-care decisions of an individual to another in the event the individual is unable to make the decisions for themselves.

Proxy fight
A way of gaining control of a company by persuading other shareholders to let you vote for them (as proxies) at the annual general meeting.

Proxy materials
Documents regulated by the Securities & Exchange Commission in which a public company outlines its methods and procedures.

Proxy solicitor
A specialist (firm) hired to gather proxy votes.

Proxy statement
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.

Proxy tax
A tax on lobbying and-or political expenses that exceed an allowable amount set by the IRS.

Proxy vote
Vote cast by one person or entity on behalf of another.



PREVIOUS AND NEXT TERMS
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Protest
Instructions given to a collecting bank that drafts falling due for payment are to be formally presented to the drawee by a notary, who is to formally record any default.

Prototype plan
A qualified retirement plan sponsored by a financial institution.

Provision for income taxes
An amount on the P & I statement that estimates a company's total income tax liability for the year.

Provisional call feature
A stipulation in a convertible issue that allows the issuer to call the issue during the noncall period if the price of the stock reaches a certain level. In the case of convertible securities, right of an issuer to accelerate the first redemption date if the underlying common should trade at or above a certain level for a sustained period.

Provisions
Money set aside in the accounts (and charged against profits' to provide against expected losses such as bad debts.

Proxy

Proxy Committee
A group of individuals appointed by the board of directors of the companies to formally represent the shareholders who send in proxy cards, to vote the represented shares in accordance with the shareholders' instructions.

Proxy Committee Ballot
The ballot signed and submitted at the meeting by the Proxy Committee. It is the legal voting of shares represented by proxies assigned to the Proxy Committee and should always be completed.

Proxy contest
A battle for the control of a firm in which a dissident group seeks, from the firm's other shareholders, the right to vote those shareholders' shares in favor of the dissident group's slate of directors.

Proxy directive
A legal document assigning the health-care decisions of an individual to another in the event the individual is unable to make the decisions for themselves.

Proxy fight
A way of gaining control of a company by persuading other shareholders to let you vote for them (as proxies) at the annual general meeting.

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This dictionary contains 24549 terms.







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