memorandum of association

The memorandum of association of a company is one of the core documents forming the constitution of a company. The memorandum of association sets out the objects, authorised share capital, company name and type of company.

Usage: The memorandum of association set the authorised share capital of the company limited by shares to £100.

Related Words: constitution of a company; articles of association; company; limited company; public company; objects of a company; share capital; shareholders; board resolution; elective resolution; extraordinary resolution; special resolution; written resolution.