From Longman Business Dictionaryarticles of associationˌarticles of associˈation British English, articles of incorporation American English noun [plural] LAW an official document giving details of the structure and running of a company, for example the powers of directors, the rights of shareholders, the way in which the accounts will be approved, etcRolls Royce announced the level of foreign ownership of shares has reached 29.5%, the maximum permitted by the company’s articles of association.
