Proxy Meaning In Business. Is compared especially in order to calculate how successful or unsuccessful it is. Proxy Definition in Computers Your Business Proxy Definition in Computers An Internet proxy is an online computer server that acts as an intermediary between an Internet user and his destination.
A proxy may in law be either general or special. This is the main thing to know if you want to define a proxy. In other words its a way for shareholders to exercise their voting rights without actually attending a voting meeting.
It also refers to the written authorization allowing one person to act on behalf of another.
Shareholders can and often do give management their proxies delegating the right and responsibility to vote their shares as specified. Dec 29 2020 A proxy vote is a ballot cast by one person or firm for a companys shareholder who cant attend a meeting or who doesnt want to vote on an issue. Thats the general definition of a proxy server which is also known as a forward proxy server. Shareholders can and often do give management their proxies delegating the right and responsibility to vote their shares as specified.