Business Reports for Busy People

GLOSSARY

Acquisition: The process of gaining control of a corporation by obtaining all or a majority of its outstanding shares, or by buying its assets.

 

Agent: An individual authorized to act on behalf of an individual or group, such as a corporation.

 

Annual meeting: A yearly meeting held by a corporation that includes directors and shareholders, during which directors are elected and other business of the corporation is handled.

 

Annual report: A publication that describes the annual state of a business or organization and that is usually supplied to shareholders. Such a report is required annually in a state and frequently lists directors, officers and financial information.

 

Assumed name: Often referred to as a trade name or “doing ...