The correct spelling of the word "minute book" is /ˈmɪnɪt bʊk/. This word is composed of two syllables, "min" and "ute", and pronounced with stress on the first syllable. "Minute" refers to a small unit of time, while "book" denotes a bound collection of pages. In legal and corporate settings, a minute book may refer to a book that contains the official record of meetings, decisions, and other important documents. Careful attention to spelling is necessary in such settings to ensure accuracy and professionalism.
A minute book refers to a physical or digital record that contains detailed and accurate documentation of the proceedings and decisions taken at meetings held by a company, organization, or other similar entities. It serves as a comprehensive reference for future reference, internal audit, and accountability purposes.
In corporate settings, minute books are commonly utilized to maintain a historical record of board and committee meetings, annual general meetings, or any significant gatherings where important discussions, resolutions, and actions are taken. They typically include entries such as the meeting date, time, and location, the attendees' names, the agenda items discussed, any motions proposed and the outcomes, as well as any other relevant details.
Minute books are usually structured in a chronological order, clearly indicating the meetings and events that took place. They may also include appendices containing supporting documents, such as financial reports, proposals, or legal opinions that were presented during the meetings.
Minute books hold utmost significance in corporate governance as they provide an official and verifiable account of decision-making processes. They serve as legal evidence in case of future disputes or lawsuits and act as a crucial resource for internal auditors, shareholders, regulatory bodies, or potential investors who require accurate records to assess the company's compliance and transparency. Consequently, maintaining a complete and up-to-date minute book is of utmost importance.
The book in which the minutes are written.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
The word "minute book" has its origins in the Latin language. The term "minute" originated from the Latin word "minutus", which means "small" or "lessened". In medieval Latin, the term "minuta" was used to represent a detailed account or a record of events. Eventually, this term was adopted into English, with "minute" referring to a brief or concise written account of proceedings.
The word "book" comes from the Old English word "bōc", which in turn has Germanic roots. Originally, "bōc" referred to a written document or a collection of writing that was bound together. Over time, "book" came to represent a physical object containing written or printed information.
Therefore, the combination of "minute" and "book" in the term "minute book" suggests a concise written record or account of events that is bound together in book form.