A person who is substituted or deputed by another to represent him and act for him, particularly in some meeting or public body. Also the instrument containing the appointment of […]
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PROXY CONTEST
A take over method where an investor presuades the board to vote against the director and create a new board in their favor. This takes a long time and can […]
PROXY FIGHT
A takeover fight whereby two parties are trying to overtake the current organisation or control of a company by encouraging other members to back there particular takeover bid . It […]
PROXY INDICATOR
Also known as an indirect indicator. It is an indirect sign or measure that can approximate or can be representative of a phenomenon without the presence of a direct sign […]
PROXY SERVER
This is a server that acts as a firewall between an internal server and an external server. For example a company will use a proxy server to the internet so […]
PROXY SOLICITATION
Accompanied by a proxy statement . Used by a group who will vote on your behalf in the same way as they will vote. Usually occurs with ballots where all […]
PROXY STATEMENT
A document that lists all matters that are up for voting at the organisational meeting. Accompanies a proxy solicitation .
PROXY TAX
A tax on organisations that are tax exempt in the US. The tax is paid on political and lobbying expenses once a certain level has been reached.
PRSCEPTORES
Lat. Masters. The chief clerks in chancery were formerly so called, because they had the direction of making out remedial writs. 2 Iteeve, Eng. Law, 251.
PRSCEPTORIES
In feudal law. A kind of benefices, so called because they were possessed by the more eminent templars, whom the chief master by his authority created and called “frwecptores Templi.”
PRSCIPITIUM
The punishment of casting headlong from some high place.
PRSCIPUT CONVENTIONNEL
In French law . Under the regime en eommun- aute, when that is of the conventional kind, if the surviving husband or wife is eutitleil to take any portion of […]
PRSCO
Lat In Roman law. A herald or crier.
PRSCOGNITA
Things to be previously known iu order to the understanding of something which follows. Wharton.
PRSETERITTO
Lat. A passing over or omission. Used in the Roman law to describe the act of a testator in excluding a given heir from the inheritance by silently passing him […]
PRSFECTTJRa;
In Roman law. Conquered towns, governed by an officer called a “prefect” who was chosen in some instances by the people, in others by the praetors. Butl. Ilor. Jur. 29.
PRUDENCE
Carefulness, precaution, attentiveness, and good judgment as applied to action or conduct That degree of care required by the exigencies or circumstances under which it is to be exercised. Crouk […]
PRUDENCE CONCEPT
A principle of accounting that requires you to rcord every liability and expense as soon as it occurs but you only record the results when they are gained or at […]
PRUDENT
a term that means to use good judgment, be wise, sensible and reasonably cautious.
PRUDENT MAN RULE
American Rule originating in 1830 by Samuel Putnum. Investors and money managers should act in the interest of the investor and not themselves when investing money for other people. Money […]
PRUDENT PERSON DOCTRINE
a rule where the estate’s trustee will only invest the finds of the estate in low risk and safe investments.
PRUDENT RISK MANAGEMENT
A legal obligation that you will always act with the responsibilities, care and skill of a person showing ordinary prudence would act. Act with a degree of skill and a […]
PRUDENTIAL FINANCIAL
A company started in Newark, New Jersey in 1875. A financial services company with many subsidiaries that operates across the USA and in 30 other countries for its clients.
PRUDENTIAL RATIOS
Ratios that are used by banks and bank regulatory authorities that are used to monitor and to determine the stability of the banks finances. The ratios are free capital , […]
PRYK
A kind of service of tenure. Blount says it signifies an old-fashioned spur with one point ouly, which the tenant, holding land by this tenure, was to find for the […]