Automatic Data Processing (ADP)
A private company that acts as an intermediary to perform proxy services for several banks and brokers. Distributes proxy material to beneficial owners, tabulates the returned proxies, and provides the Corporation or its tabulator compiled reports of the tabulation results. ADP also distributes quarterly reports and other corporate information to the beneficial owners.
Nearby TermsAutomated Pit Trading (APT) Automated teller machine (ATM) Automatic Data Processing (ADP) Automatic exercise Automatic extension
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University