Words / M / Law

memorandum of association

phrase

C1CEFR level
68/100Rarity: rare
TechnicalRegister

The founding document by which the subscribers confirm their intention to form a company and become its first members.

Each subscriber must sign the memorandum of association before the company is registered.

Topic: Corporate law in Legal English

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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More law words: Corporate law