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English: Articles of Association

Welsh: Erthyglau Cymdeithasu

Part of speech

Noun, Plural

Definition

In corporate governance, a company's articles of association is a document which, along with the memorandum of association (in cases where the memorandum exists) form the company's constitution, defines the responsibilities of the directors, the kind of business to be undertaken, and the means by which the shareholders exert control over the board of directors.