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The shareholders or directors of a corporation are to have at least one meeting every year, where the shareholders may elect directors, consider major changes to be made to the corporation which might include matters of the articles of incorporation, mergers and acquisitions. Directors will usually meet to address major business issues. … [Read more...] about ANNUAL MEETING

To add to; to unite; to attach one thing permanently to another. The word expresses the idea of joining a smaller or subordinate thing with another, larger, or of higher importance. In the la'w relating to fixtures, the expression "annexed to the freehold" means fastened to or connected with it; mere juxtaposition, or the laying of an object, however heavy, on the freehold, … [Read more...] about ANNEX

Scotch law. Annual rent. A yearly profit due to a creditor by way of interest for a given sum of money. Right of annual rent, the original right of burdening land with payment yearly for the payment of money. … [Read more...] about ANNUAL PENSION

The act of attaching, adding, joining, or uniting one thing to another ; generally spoken of the connection of a smaller or subordinate thing with a larger or principal thing. The attaching an illustrative or auxiliary document to a deposition, pleading, deed, etc., is called "annexing" it. So the incorporation of newly acquired territory into the national domain, as an … [Read more...] about ANNEXATION

Also known as APR; a net interest rate which takes into account fees paid up-front and other costs of acquiring a loan and added to the average compound interest rate of the loan over the term. Mortgage lending entities are required to post the APR so that borrowers can have a reasonable basis for comparison and be able to appreciate the differences between the actual cost of … [Read more...] about ANNUAL PERCENTAGE RATE