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. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  2. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  3. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  4. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  5. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
  6. Earnings Before Interest After Taxes - EBIAT

    A financial measure that is an indicator of a company's operating performance. EBIAT, which is equivalent to after-tax EBIT ...
Trading Center