Task and Proxy

noun

• Any piece of work that is undertaken or attempted.
  • usage: "he prepared for great undertakings"
  • synonyms: undertaking, project, labor
• A specific piece of work required to be done as a duty or for a specific fee.
  • usage: "estimates of the city's loss on that job ranged as high as a million dollars"; "the job of repairing the engine took several hours"; "the endless task of classifying the samples"; "the farmer's morning chores"
  • synonyms: job, chore

verb

• Assign a task to.
  • usage: "I tasked him with looking after the children"
• Use to the limit.
  • usage: "you are taxing my patience"
  • synonyms: tax

• (v.) Business; employment; undertaking; labor.
• (v.) Labor or study imposed by another, often in a definite quantity or amount.
• (v.t.) To charge; to tax; as with a fault.
• (v.t.) To oppress with severe or excessive burdens; to tax.
• (v.t.) To impose a task upon; to assign a definite amount of business, labor or duty to.

noun

• A person authorized to act for another.
  • synonyms: placeholder, procurator
• A power of attorney document given by shareholders of a corporation authorizing a specific vote on their behalf at a corporate meeting. .

• (n.) The person who is substituted or deputed to act or vote for another.
• (n.) A writing by which one person authorizes another to vote in his stead, as in a corporation meeting.
• (n.) The written appointment of a proctor in suits in the ecclesiastical courts.
• (n.) The agency for another who acts through the agent; authority to act for another, especially to vote in a legislative or corporate capacity.
• (v.i.) To act or vote by proxy; to do anything by the agency of another.
• (n.) See Procuration.

If you own common stock in a US corporation, you have the right to vote on company policies and to elect the company's board of directors. You may vote in person at the annual meeting or authorize the board to vote on your behalf using an absentee ballot, or' Proxy', which you can submit by mail or, increasingly often, by telephone or over the Internet. The Securities and Exchange Commission (SEC) requires each company to provide a proxy statement, which describes the issues being voted on and introduces the candidates for director. The proxy also reports the total compensation of the company's top five executives, as well as the company's stock performance in relation to Standard & Poor's 500-stock Index (S&P 500) and to comparable companies in the industry.