resolution

resolution definition - business

resolution

  1. A formal statement of an opinion or decision. For example, directors of a corporation approve a resolution to support an aggressive affirmative action program.
  2. Solution to a problem: As yet, there is no resolution of the state's budget crisis.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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