memorandum
B1CEFR level
35/100Rarity: fairly common
TechnicalRegister
Law noun
A foundational document subscribed by a company's first members stating their intention to form it.
Each subscriber signed the memorandum, agreeing to take at least one share in the new company.
Business noun
A written note recording terms or setting out a proposal.
Both sides signed a memorandum of understanding.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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