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English definition of “proxy statement”

proxy statement

noun [C]
 
 
FINANCE an official document relating to a company's future plans that is sent to shareholders before a meeting so that they can decide whether or not to give someone else the power to vote for them at the meeting: Please review the enclosed proxy statement and provide us with your vote on the important issues affecting your fund.
(Definition of proxy statement from the Cambridge Business English Dictionary © Cambridge University Press)
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