Corporate Resolution

AAA

DEFINITION of 'Corporate Resolution'

A written statement made by the board of directors detailing which officers are authorized to act on behalf of the corporation. The corporate resolution will be found in the board minutes detailing decisions made by the board during the meeting.

INVESTOPEDIA EXPLAINS 'Corporate Resolution'

The board of directors in a corporation are responsible for making major corporate decisions such as dividends, election of board members, and secondary offerings. For example, a corporate resolution will be created if a board decides to increase the size of the dividend paid to shareholders. The resolution will detail the terms of new dividends along with the date of the board meeting.

Corporate resolutions are also used to identify corporate officers that can trade, assign, transfer or hedge on behalf of the corporation.

RELATED TERMS
  1. Stock Split

    A corporate action in which a company divides its existing shares ...
  2. Secondary Offering

    1. The issuance of new stock for public sale from a company that ...
  3. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  4. Dividend

    1. A distribution of a portion of a company's earnings, decided ...
  5. Adverse Domination

    A legal doctrine that allows regulators to bring litigation against ...
  6. Entitlement Offer

    An offer to purchase a security or other asset that cannot be ...
Related Articles
  1. The Basics Of Corporate Structure
    Investing Basics

    The Basics Of Corporate Structure

  2. Evaluating A Company's Management
    Active Trading Fundamentals

    Evaluating A Company's Management

  3. What Are Corporate Actions?
    Bonds & Fixed Income

    What Are Corporate Actions?

  4. Examples Of Using SWOT Analysis To Get ...
    Investing Basics

    Examples Of Using SWOT Analysis To Get ...

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center