Annual meeting definition (noun)
An annual meeting, also known as an annual general meeting, is a meeting of an organization’s members.
In a corporation, it is a meeting of shareholders that is held every year according to the company’s bylaws. Public companies are required to hold annual meetings under federal law.
Executives at the meeting present an annual report to discuss the company’s financial status and strategies. Shareholders also vote on certain issues, such as choosing board members or deciding on compensation for executives.