Boardroom

AAA

DEFINITION of 'Boardroom'

Besides the general definition as a meeting room in an office, in the investment community the boardroom can refer more specifically to a room used in a stockbrokerage office. The boardroom is where clients and members of the public can meet with registered representatives. They meet here to discuss investments, obtain stock quotes and place trades.

INVESTOPEDIA EXPLAINS 'Boardroom'

Board rooms usually have the latest techological equipment, such as Bloomberg terminals or other state-of-the-art quotation systems. The boardrooms at larger firms often also have large-screen TVs and other multimedia sources of business news. Some firms do not use these rooms at all, but allow clients to meet with brokers in their individual offices.

RELATED TERMS
  1. Executive Director

    The senior operating officer or manager of an organization or ...
  2. Commission

    A service charge assessed by a broker or investment advisor in ...
  3. Full-Service Broker

    A broker that provides a large variety of services to its clients, ...
  4. Broker-Dealer

    A person or firm in the business of buying and selling securities, ...
  5. Discount Broker

    A stockbroker who carries out buy and sell orders at a reduced ...
  6. Stockbroker

    1. An agent that charges a fee or commission for executing buy ...
Related Articles
  1. What is a typical day in the life of ...
    Investing

    What is a typical day in the life of ...

  2. Broker Or Trader: Which Career Is Right ...
    Options & Futures

    Broker Or Trader: Which Career Is Right ...

  3. Making It Big On Wall Street
    Professionals

    Making It Big On Wall Street

  4. Swim With The Sharks As A Stockbroker
    Professionals

    Swim With The Sharks As A Stockbroker

comments powered by Disqus
Hot Definitions
  1. Last In, First Out - LIFO

    An asset-management and valuation method that assumes that assets produced or acquired last are the ones that are used, sold ...
  2. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  3. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  4. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  5. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  6. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
Trading Center