minutes

  

Definition

Permanent, formal, and detailed (although not verbatim) record of business transacted, and resolutions adopted, at a firm's official meetings such as board of directors, manager's, and annual general meeting (AGM). Once written up (or typed) in a minute book and approved at the next meeting, the minutes are accepted as a true representation of the proceedings they record and can be used as prima facie evidence in legal matters.

Use minutes in a sentence

  • We had to wait thirty minutes before we could go to the store because it was the hottest part of the day.

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  • Things in the business world can change at a minutes notice and the people that can react the fastest get the rewards.

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  • The minutes of the meeting were stored in a secure server so they could always be accessed if need be.

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