Meaning of “memorandum of association” in the English Dictionary

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"memorandum of association" in Business English

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memorandum of associationnoun [ C ]

uk us LAW

in the UK and some other countries, a document needed to officially form a new company, which gives details of its name, activities, managers, share capital, etc.:

The company's memorandum of association sets out the bounds within which the company must operate.

(Definition of “memorandum of association” from the Cambridge Business English Dictionary © Cambridge University Press)