articles of association

the basic document of a registered company defining its internal organisation. It is one of two fundamental documents on which the registration of a company is based. See memorandum of association. Glossary of Business Terms

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articles of association ˌarticles of associˈation , ˈarticles of incorpoˈration noun [plural]
LAW an official document giving details of the structure and running of a company, for example the powers of directors, the rights of shareholders, the way in which the accounts will be approved, etc:

• Rolls Royce announced the level of foreign ownership of shares has reached 29.5%, the maximum permitted by the company's articles of association.

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articles of association UK US noun [plural] LAW
a document that contains details of how a company is organized, for example, the duties of management, rights of shareholders, and when meetings will be held. It is one of the documents needed to create a new company in the UK and some other countries: »

The shareholders need only propose an amendment to their companies' articles of association, and then vote for it.

Compare ARTICLES OF INCORPORATION(Cf. ↑articles of incorporation), MEMORANDUM OF ASSOCIATION(Cf. ↑memorandum of association)

Financial and business terms. 2012.

Look at other dictionaries:

  • articles of association — 1: the instrument under which an association is organized 2: articles of incorporation Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Articles of association — For the articles adopted by the First Continental Congress in 1774, see Continental Association. The term articles of association of a company, or articles of incorporation, of an American or Canadian Company, are often simply referred to as… …   Wikipedia

  • Articles of Association — The document which acts as a contract between a company and its shareholders, giving the rights and duties of the shareholders with the company and between themselves. Dresdner Kleinwort Wasserstein financial glossary See also Memorandum of… …   Financial and business terms

  • articles of association — 1. : a written agreement embodying the purposes or other terms and conditions of the association of a number of persons for the prosecution of a joint enterprise; specifically : a written agreement duly executed and filed so as to have the force… …   Useful english dictionary

  • Articles Of Association — A document that specifies the regulations for a company s operations. The articles of association define the company s purpose and lays out how tasks are to be accomplished within the organization, including the process for appointing directors… …   Investment dictionary

  • articles of association — Basic instrument filed with the appropriate governmental agency (e.g. Sec. of State) on the incorporation of a business. It sets forth the purposes of the corporation, its duration, the rights and liabilities of shareholders and directors,… …   Black's law dictionary

  • articles of association — /ˌɑ:tɪk(ə)lz əv əsəυsi eɪʃ(ə)n/ plural noun a document which lays down the rules for a company regarding such matters as the issue of shares, the conduct of meetings and the appointment of directors ● This procedure is not allowed under the… …   Dictionary of banking and finance

  • articles of association — The document that governs the running of a company. It sets out voting rights of shareholders, conduct of shareholders and directors meetings, powers of the management, etc. Either the articles are submitted with the memorandum of association… …   Accounting dictionary

  • articles of association — The document that governs the running of a company. It sets out voting rights of shareholders, conduct of shareholders and directors meetings, powers of the management, etc. Either the articles are submitted with the memorandum of association… …   Big dictionary of business and management

  • articles of association — The agreement entered into by and between the members on forming an unincorporated association. 6 Am J2d Asso & C § 5 …   Ballentine's law dictionary

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