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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.
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minutes is in the Corporate, Commercial, & General Law, Documentation & Recordkeeping and Entrepreneurship, Management, & Leadership subjects.
minutes appears in the definitions of the following terms:
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