| − | Proxy is the instrument authorizing one person to represent, act, and vote for another at a shareholders' meeting of a corporation. [[category:legal terms]]
| + | A '''proxy''' is an instrument authorizing one person to represent, act, and vote for another. Most commonly these are used at shareholder's meetings of a corporation, whereby a proxy will vote the shares per the shareholder's direction (or, if none is given, as the proxy deems advisable). |