Meaning of “proxy statement” in the English Dictionary

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"proxy statement" in Business English

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proxy statementnoun [ C ]

uk us

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)