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TeachMeFinance.com - explain proxy proxy -- (l) the authority or power to act for another. (2) a document giving such authority. (3) the person authorized to act for another. historic definition... Proxy -- A person who is empowered to represent another in a given matter ; the name is also given to the instrument by which a person is empowered so to act. A person who votes by proxy on stock belonging to another is said to hold a proxy on the stock. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.