Term
Proxy
Business/ Management
Proxy Firm Wants Apple Succession Disclosure |
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Definition
Encarta Online Dictionary:
the function or power of somebody authorized to act for another person
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Harry asked me to vote as his proxy for the new CEO. |
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Term
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Definition
A thorough change in a business, a department, etc.
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The new CEO shook up the business after she was hired by replacing many executives |
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Term
Overhaul
Investment firm Elliott Advisors called for a boardroom overhaul at Actelion, launching a battle that could lead to the sale of Europe's largest biotech company. |
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Definition
Investigate thoroughly for revision (change)
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It looked like an overhaul might be necessary in the marketing department, since several employees don’t understand marketing metrics. |
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Term
Defer
U.S. Seeks to Defer Portion of Bonuses |
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Definition
to put something off until a later time
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The U.S. banking regulators want to defer the bonus payments to executives in financial firms |
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Term
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Definition
Reply back with strong emotion
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Mr. Eckhaus was angry at her criticism and fired back a response. |
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Term
Optimism
Morgan Stanley CEO James Gorman is known for his optimism. |
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Definition
Hopefulness, confidence, a tendency to expect the best
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Our optimistic manager thinks that we can overcome these difficult obstacles. |
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Term
Wrap
Aveon Group believes that if it wraps some smaller money managers together, it can compete |
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Definition
Enclose or cover something up
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If we wrap all the information together, we might find the answer. |
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Term
Tap
Bank of America Chief Executive Brian Moynihan shook up his mortgage team Friday by tapping adviser Terry Laughlin to run a new unit tasked with cleaning up the bank's mortgage mess. |
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Definition
Give a position to someone
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My teacher tapped me to make the first presentation, since I had taken the class previously |
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Term
Namesake
Gap is expected to name Art Peck, its head of outlets, to lead its namesake division in North America, |
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Definition
A person or thing named the same as another
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Luis Vuitton created his namesake bags, which are famous all over the world. |
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Term
Gathers steam
As the economic recovery gathers steam… |
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Definition
move or progress at increasing speed.
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The backlash against government spending is gathering steam |
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