Glossary entry

English term or phrase:

proxy

English answer:

give an approximation of the extent

Added to glossary by Anna Maria Augustine (X)
Mar 2, 2007 20:38
17 yrs ago
1 viewer *
English term

proxy

English Bus/Financial Investment / Securities
The lack of data on royalty payments in the KSA does not permit an evaluation of the extent of technology transfer. However, imports of capital goods can help proxy the extent to which domestic firms are investing in improving their production technology via acquiring state-of-the-art imported technology embodied in capital goods.

Discussion

Anna Maria Augustine (X) Mar 7, 2007:
Thank you!!
Deborah Workman Mar 3, 2007:
See this link for lots of examples http://www.google.com/search?hl=en&q="to proxy for"
Deborah Workman Mar 3, 2007:
You've got three good answers. "Proxy" should not be used as a verb, but when it is it does mean to stand in for. In the absence of direct indicators of the degree to which domestic firms are investing production technology, statistics on imported capital goods that use such technology can serve as a proxy.
Ioanna Karamanou Mar 2, 2007:
While I disagree with the explanation provided, perhaps Anna Maria is on to something - could they have meant "approximate" and somehow instead ended up with "proxy"? Is there any way you can ask the client?

Responses

+5
1 hr
Selected

give an approximation of the extent

proxy is used often in the technology field which explains why it has been used in this context.
Peer comment(s):

neutral Ioanna Karamanou : While your answer could apply, the explanation is wrong: proxy used as a verb in technology means something entirely different, i.e. access via proxy.
41 mins
agree Deborah Workman : I agree that it's awful that it's used as a verb, but I agree that it means to stand in for, to provide an indication of the extent.
2 hrs
agree David Knowles : Exactly right. Here it means "serve as a proxy for". You can't measure what you want, so you measure something else that's related.
12 hrs
agree kmtext
13 hrs
agree Alfa Trans (X)
14 hrs
agree Will Matter
21 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks All"
+1
17 mins

substitute

can help substitute / take (in part) the place of ...
Reference:

Webster

Peer comment(s):

agree Clauwolf
4 mins
neutral Ioanna Karamanou : Bad, bad English - proxy is not a verb, and while it does mean substitute, upon closer reading of the context it seems what they want to say is increase/expand.
15 mins
disagree Kim Metzger : Is this supposed to be helpful? Don't you think Waleed can use a dictionary? Webster's doesn't include proxy as a verb. The use of proxy as a verb is highly unusual and "substitute" the extent firms are investing doesn't make much sense.
1 hr
agree Deborah Workman : I agree that it's awful that it's used as a verb, but I agree that it means to stand in for, to provide an indication of the extent.
3 hrs
Something went wrong...
34 mins

increase

Actually, given the context, it appears that this is what they are intending to say:

However, imports of capital goods can help INCREASE/EXPAND the extent to which domestic firms are investing in improving their production technology via acquiring state-of-the-art imported technology embodied in capital goods.

Bad, bad English!
Something went wrong...
+5
3 hrs

evaluate or estimate

evaluate/estimate in this context
Peer comment(s):

agree Deborah Workman : Yes, is a substitute indicator .
13 mins
Thank you, Deborah
agree Pham Huu Phuoc
9 hrs
Thank you, Pham
agree Alfa Trans (X)
12 hrs
Thank you, Marju
agree Will Matter
19 hrs
Thank you, Will
agree ErichEko ⟹⭐
2 days 6 hrs
Thank you, Erich.
Something went wrong...
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