BusinessAugust 17, 2026

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PROK-see

Definition

The authority or a person authorized to act on behalf of another, particularly in voting at a meeting.

Etymology

Originating from the Middle English 'procuracie,' the word comes from the Latin 'procurare,' meaning to take care of or manage. It evolved to refer to the person or the power given to someone to act as a substitute.

In the news

The article uses the term to describe how shares were represented during the special meeting, where shareholders who could not attend in person authorized others to vote on their behalf. It highlights the high level of shareholder participation in the decision to extend the company's timeline.

FutureTech II Extends Timeline for Business Combination

Read the full article ↗

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