accounts (of limited companies) annual accounts for circulation to members. Such accounts should be sufficient to show and explain the COMPANY's transactions and be such as to disclose with reason- able accuracy at any time the financial position of the company at that time and to enable the directors to ensure that the BALANCE SHEET and PROFIT AND LOSS ACCOUNT comply with the requirements of the Companies Acts. The directors are required in respect of each finan- cial year to lay before the company in general meeting copies of the company's annual accounts, the directors' report and the auditor's report on those accounts.

• fixed charge
• fixed penalty notice
• fixed security
• fixed sum credit
• fixtures
• flagrante delicto
• floating charge
• floodgates
• flotsam
• flying picket
• f.o.b.
• f.o.r.
• forbidden degrees
• force and fear
• force majeure
• foreclosure
• foreign bill
• foreign law
• foreign principal
• forensic
• foreshore
• forestalling
• forestry
• forfeiture
• forgery