Board Of Directors

Filed Under » , , ,
Dictionary Says

Definition of 'Board Of Directors'

An appointed or elected body or committee that has overall responsibility for the management of a nonprofit or nonstock organization, such as a foundation, university or mutual fund. The board of trustees holds "in-trust" the funds, assets or property that belong to others and has a fiduciary duty to protect them. Most importantly, the board of trustees oversees and advises management on issues facing the organization.
Investopedia Says

Investopedia explains 'Board Of Directors'

Mutual savings banks have boards of trustees who ensure that the interests of the depositors, borrowers, and members of the community in which they serve are considered and protected by bank management. The board has the duties of making sure customers' deposits are secured and invested safely, interest is paid to depositors, and that the customers' principal is available to them on request.

Related Video for 'Board Of Directors'

Articles Of Interest

  1.

    Understanding Corporate Structure

    All publicly traded companies share the same basic corporate structure. Find out how the management hierarchy works, what responsibilities belong to whom, and who’s looking out for shareholders.

  2. What Are Corporate Actions?

    Be a savvy investor - learn how corporate actions affect you as a shareholder.

  3. Signs That It Might Be Time To Sell

    In the stock market, knowing when to sell is just as important as knowing when to buy.

  4. Putting Management Under The Microscope

    We tell you where to find the telltale signs of corporate misdeeds.

  5. Who's Looking Out For Investors?

    If your account has been mishandled, FINRA and the SEC are among several organizations that can help.

  6. Financial Regulators: Who They Are And What They Do

    Find out how these government agencies govern the financial markets.

  7. Choose A Fund With A Winning Manager

    We break down the key components of analyzing a fund manager's performance so you can find a winner.

  8. Analyzing The Best Retirement Plans And Investment Options

    Understanding the various retirement investments - from annuities to 401(k)s and everything in between - is crucial to reaching your retirement goals. Here, we examined many of the popular investments ...

  9. Earnings Guidance: Can It Accurately Predict The Future?

    Explore the controversies surrounding companies commenting on their forward-looking expectations.

  10. Mergers And Acquisitions: Understanding Takeovers

    In the dramatic world of M&As, battleground terms meld with bizarre metaphors to form the language of the game.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Yield Elbow

    The point on the yield curve indicating the year in which the economy's highest interest rates occur. The yield elbow is the peak of the yield curve, signifying where the highest interest rates occurred.

  2. Xenocurrency

    A currency that trades in markets outside of its domestic borders.

  3. Wanton Disregard

    A standard of severe negligence. Wanton disregard is a very serious accusation that indicates that a person behaved extremely recklessly.

  4. Ultra ETF

    A class of exchange-traded funds (ETF) that employs leverage in an effort to achieve double the return of a set benchmark.

  5. Toehold Purchase

    A purchase of less than 5% of a target company's outstanding stockmade by an acquiring company. A toehold purchase of just under 5%, while not a significant stake in a firm, allows the shareholders a "toe-holds" grip on the company and its decision making.

  6. Samurai Bond

    A yen-denominated bond issued in Tokyo by a non-Japanese company and subject to Japanese regulations.
Trading Center
http://sp.fastclick.net/ad/tr/10858-64082-15546-0?mpt=8e4865ecb685bd9f3fa24654d23b61a1