Monday, April 28, 2008

proxy

Today I learned a new word called proxy. It means to act on behalf of someone else. I have these empty envelopes addressed as "proxy tabulation" and I didn't know what it meant so I looked it up on the internet and this popped up:

"There is no more important annual event in a corporation's life than the meeting of shareholders. The process of printing and distributing proxy material and the tabulation of votes can become logistical nightmares." So that means shareholders send in there materials in those envelopes. Now I know.

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