/rɪˈsɪprəkəl ˈprɒksi/ – Phrase
Definition: sự ủy quyền cho nhau.
A more thorough explanation: Reciprocal proxy refers to a legal arrangement where two parties agree to act as proxies for each other, allowing each party to vote on behalf of the other at a meeting or in a decision-making process. This reciprocal proxy agreement typically involves a mutual understanding and consent between the parties involved.
Example: The shareholders entered into a reciprocal proxy agreement, allowing each party to vote on behalf of the other in shareholder meetings.