ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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PROXY Definition

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PROXY is a person authorized to act for another, e.g. a power of attorney document given by shareholders of a corporation authorizing a specific vote on their behalf at a corporate meeting.

 

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COLLATERAL NOTE is a note secured by collateral. Same as secured note.

TRANCHES are related securities that are offered at the same time but have different risk, reward, and/or maturity.


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