Definition, Meaning & Synonyms

memorandum-of-association

noun

/ˌmɛm.əˈræn.dəm əv əˌsəʊsɪˈeɪ.ʃən/

Definition

A memorandum of association is a legal document that outlines the fundamental details of a company, such as its name, registered office, and objectives.

Examples

The company’s memorandum of association listed its purpose as providing online education services.
Before incorporating, you must prepare a memorandum of association that complies with local laws.

Meaning

It serves as a charter for the company, detailing its structure and purpose, and is required to be filed with the relevant authorities to establish the company.