Corporate glossaries

View Corporate by content type:

Latest Corporate News

Featured Corporate content

Practice notes
Comfort letters in a US IPOThis Practice Note provides an overview of the purpose, content and scope of a comfort letter prepared by the auditors of a...
Read More >
19th May
Practice notes
Form of transfer of sharesThere are a number of circumstances in which shares in a company may be transferred, eg upon a sale of the shares, through...
Read More >
19th May
Q&As
What is the definition of body corporate as used in s 1159 of the Companies Act 2006?Section 1159 of the Companies Act 2006 (CA 2006), for the...
Read More >
19th May
Practice notes
A company’s constitutionWhat is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as...
Read More >
19th May
Practice notes
Disclosure Guidance and Transparency Rules requirements—the annual financial reportThis Practice Note discusses the requirements of the Disclosure...
Read More >
Produced in partnership with Tessa Park of Moore Kingston Smith 19th May
Practice notes
Demergers—an introduction for corporate lawyersA demerger is a transaction whereby a business carried on by a company within a group is taken out of...
Read More >
19th May
Practice notes
Private companies limited by sharesWhat is a private company limited by shares?A private company limited by shares is a legal entity which is separate...
Read More >
19th May
Practice notes
Acting in concertProduced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance...
Read More >
19th May
Practice notes
Tailoring a shelf companyA person wishing to set up a new company has the following options:•they can incorporate a new company in accordance with the...
Read More >
19th May
Practice notes
Non-executive directors—independenceThe concept of independence is key to provisions in the UK Corporate Governance Code (UKCG Code) on board...
Read More >
Produced in partnership with Advanced Boardroom Excellence 19th May
Practice notes
Financial assistance—a quick guideThe Companies Act 2006 (CA 2006) prohibits: •a public company (or its subsidiary) from giving financial assistance...
Read More >
19th May
Practice notes
Break fees—share purchaseThe nature and purpose of break feesBreak fees are generally designed to compensate one party’s legal and professional costs...
Read More >
19th May
Practice notes
Class rights and variation of class rightsA company having a share capital may have separate classes of shares. As a general rule, a type of share...
Read More >
19th May
Practice notes
Substantial property transactions—requirement to obtain members’ approvalThe Companies Act 2006 (CA 2006) contains provisions that restrict and...
Read More >
19th May
Precedents
The Directors[insert company name][insert company address][insert date]Dear Directors,[insert company name] Limited (the Company)[I, OR We,][insert...
Read More >
19th May
Practice notes
Unregistered companiesWhat is an unregistered company?An unregistered company is a rare form of incorporated company that is not formed or registered...
Read More >
19th May

Most recent Corporate glossaries content

Practice notes
Glossary of restructuring and insolvency termsThis glossary explains many of the terms commonly used in the restructuring & insolvency market. Terms...
Read More >
15th Jun
Practice notes
Equity capital markets—glossary of termsIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period...
Read More >
10th Jun
Practice notes
Partnerships—glossary of termsDDesignated memberThe member of a limited liability partnership designated pursuant to the Limited Liability Partnership...
Read More >
5th Jun
Practice notes
Re-registration of companies—glossary of termsIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation...
Read More >
5th Jun
Practice notes
Accounts and reports—glossary of termsBrexit impactThe UK corporate reporting framework may be affected by Brexit. For further details of its impact,...
Read More >
5th Jun
Practice notes
Audit and auditors—glossaryAAccounting reference period (ARP)Usually the period of 12 months over which a company draws up its accounts. If the...
Read More >
5th Jun
Practice notes
Takeovers—glossary of termsReferences in this glossary to Rules and Notes are to the rules of, and notes to, The City Code on Takeovers and Mergers...
Read More >
5th Jun
Practice notes
Company disclosures, records and registers—glossary of termsAAnnual returnUp to and including 29 June 2016, a company (and limited liability...
Read More >
5th Jun
Practice notes
Corporate governance—glossary of termsAABISee Association of British Insurers.Association of British InsurersA trade association of the UK insurance...
Read More >
5th Jun
Practice notes
Share capital—glossary of termsAAIMA securities market owned and operated by the London Stock Exchange plc, with lighter entry requirements and...
Read More >
5th Jun
Practice notes
Private equity and venture capital—glossary of termsIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit...
Read More >
5th Jun
Practice notes
Corporate joint ventures—glossary of termsAAlternate directorAn individual (whether another director or any other person) appointed by a director to...
Read More >
5th Jun
Practice notes
Private M&A (share sale and asset sale)—glossary of termsAAccounts date dealOn an accounts date deal for a share purchase, the buyer will determine...
Read More >
5th Jun
Practice notes
Companies and other forms of business vehicle—glossary of termsAArticles of associationGenerally referred to simply as the articles. The principal...
Read More >
5th Jun
Practice notes
Demergers—glossary of termsBBuy outThis is the purchase of a company or a controlling interest in a corporation’s shares. This often happens when a...
Read More >
5th Jun
Practice notes
Members’ meetings and resolutions—glossary of termsAABISee Association of British Insurers.Accounts meetingThe particular general meeting of the...
Read More >
5th Jun
Practice notes
Directors and company secretaries—glossary of termsAAlternate directorAn individual (whether another director or any other person) appointed by a...
Read More >
5th Jun
Practice notes
Company incorporation—glossary of termsAAlternative record-keepingProvisions in Part 8 of the Companies Act 2006 (CA 2006), as inserted by Schedule 5...
Read More >
5th Jun
Practice notes
Striking off, dissolution and restoration—glossary of termsAAdministrative restorationThe administrative restoration procedure was introduced by the...
Read More >
5th Jun

Popular documents