Word
Meaning
Market Value
The recommended amount for which something can be sold on a given market.
Memorandum of Association (MOA)
A legal document prepared in the formation and registration process of a Limited Liability company (LLP) to define its relationship with shareholders.
Minutes
A measurement of time
Minimum Wages
The lowest an organisation can pay a person
Maternity Rights
A pregnant employee has the right to have statutory maternity pay
Moratorium Period
A time where a borrower does not have to pay back a lender. See Lender
Model articles
The most popular form of articles for UK businesses
Method Statement
A business document that has detailed information of the process of a work task