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Legal Dictionary

proxy

Legal Definition of proxy

Noun and Verb

  1. A right which is signed-over to an agent. Proxies are used frequently at annual meetings of corporations where the right to exercise a vote is "proxied" from the shareholder to the agent.

Related terms

  • proxy marriage - common amongst European monarchs, where one party is not present in person to their marriage to the other
  • proxy murder - a murder committed on behalf of somebody else
  • proxy voting - a vote cast on behalf of an absent person
  • proxy statement - information published related to a U.S. stockholders' meeting

Definition of proxy

Pronunciation

Etymology 1

    Contraction of Anglo-Norman procuracie, from Medieval Latin procuratia, from Latin procuratio.

Adjective

proxy (comparative more proxy, superlative most proxy)

  1. Used as a proxy or acting as a proxy.

    a proxy indicator
    a proxy measurement

Noun

proxy (plural proxies)

  1. An agent or substitute authorized to act for another person.
  2. The authority to act for another, especially when written.

Verb

proxy (third-person singular simple present proxies, present participle proxying, simple past and past participle proxied)

  1. To serve as a proxy for.

    * 1983, Alfred Blumstein, National Research Council (U.S.). Panel on Sentencing Research, Research on Sentencing: The Search for Reform, page 143
    In many of the studies we reviewed, it is common practice to use an observed variable to proxy for a relevant variable that could not be observed.

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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