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initialling the books : Some useful definitions

Trading books

The concept of “book” should here be taken in its largest sense, that is, as a number of sheets bound together on one edge.

There are no specific sizes or particular rules regarding the size of the trading books. Therefore, the use of printed paper has no impact on these documents’ validity, only their content matters. They may be in the form of a number of pages bound together into a publication (volume) or on a computer file if the latter has an un-falsification guarantee (secure proceedings).

Minutes (in french “minute”)

Name given to the original copy of an authenticated document when the latter must be kept by the authority which is the trustee (i.e. notary, clerk’s office of the court …). Only copies or excerpts may then be given to third parties.

Records (in French “procès-verbal”)

Written document accounting for the existence of a fact, of a deliberation, of an agreement (or disagreement) and preserving it.

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