minute (noun, min-ute, \ ˈmɪnɪt \) book (noun, book, \ bʊk \)
Definition: is a company binder that contains a permanent in-depth record of all the policies, resolutions, plans, and other decisions confirmed and adopted at an organization’s official meetings. The existence and maintenance of a minute book is regulated by law and is a requirement presented to all registered companies and corporations. Additionally, this book has to be easily accessible to all managers and employees of the organization at its official legal address.
In a Sentence:
- Our company is in serious trouble as we have somehow managed to lose the minute book, and we are expecting a governmental auditing committee every day now.
- The regional manager of the Buffalo branch office has driven to New York to take a look at the company’s minute book. He couldn’t believe that the changes forced on him by his direct supervisor have actually been agreed to at the board’s last meeting.
Synonyms and related words: minutes, day-book, official action, registered office, log-book
