exception

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Exception

A proxy which does not authorize the proxy committee to act on its behalf concerning any other business, adjournments or substitutions.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Exception

1. In a publicly-traded company, a proxy that does not authorize the proxy committee to act on his/her behalf. Such a proxy makes his/her own arrangements.

2. In an audit of a financial statement, a note stating that the auditor agrees with a majority of the statement, but not with certain parts. That is, exceptions are written when the auditor believes that the majority of the financial statement is accurate, but that there are a few inaccuracies scattered throughout. Exceptions are noted in the auditor's report.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

exception

An auditor's qualification of a financial report that indicates disagreement with an item in the report or limitations to the extent of the audit.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

exception

(1) Estates or described lands specifically spelled out in a deed as not passing to the grantee. (2) Liens and claims specifically excluded from the coverage of a title insurance policy. (3) Liens and claims specifically excluded from a contract of sale.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Exceptions for first time buyers typically go to single applicant buyers, located in Dublin with lower to mid-range incomes.
Additionally, the laws require FDA to establish processes for exceptions and exemptions.
In this process, the most important questions are how to automatically determine which memory areas are valid (mapped) when detecting read exceptions and how to automatically generate new test cases that can mitigate read exceptions based on these valid (mapped) memory areas.
As soon as a recommended order has been issued, a party should immediately determine the timeframe within which exceptions are due and where the exceptions are to be filed.
The purpose of the mutation operator catch block insertion BI is to catch all possible exceptions that might arise at a try block TB.
SECOND CIRCUIT DENIES AFGHANISTAN'S ATTEMPT TO LIMIT THE APPLICATION OF THE NONCOMMERCIAL TORT EXCEPTION OF THE FOREIGN SOVEREIGN IMMUNITIES ACT, AS IT WOULD AMOUNT TO A REPUDIATION OF THE LAW
Once A chose to roll the funds over into her own IRA, she lost the ability to qualify for the exception from the 10% additional tax on early distributions.
Proposes amendments to the exceptions to the general requirement for contractors to submit payment requests in electronic form.
There is one other exception to the gross proceeds limitation.
The good news is that MS is listed as an automatic exception. This means that PT, speech therapy, and OT services can go over the $1,740 limit.
Instead, Roberts wrote that the federal government's "argument echoes the classic rejoinder of bureaucrats throughout history: If I make an exception for you, I'll have to make one for everybody, so no exceptions."