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Wealth Management Glossary

Par Value Passive Activity Payable Date Per Capita Per Stirpes Personal Property Personal Representative Physical Certificate Portfolio Power Power Of Appointment Power Of Attorney Precatory Words Preferred Stock Prime Rate Principal Principal Portfolio Probate Court Probate Of Will/Probate Prospectus Proxy Prudent Investor Rule

Proxy (1) A person empowered by another to act as his agent in voting shares of stock. (2) The instrument that serves as evidence that another has the authority to vote stock for the stock's owner.

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