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.

BREAKING DOWN '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. Options & Futures

    Broker Or Trader: Which Career Is Right For You?

    A day in the life of a broker or trader is an exciting and varied one. Find out how to decide between these two financial professions.
  2. Professionals

    Making It Big On Wall Street

    Read about some of the most glamorous Wall Street jobs and what it takes to land one.
  3. Professionals

    Swim With The Sharks As A Stockbroker

    This job takes guts, hard work and a predator's instincts. Do you have what it takes?
  4. Economics

    Explaining Replacement Cost

    The replacement cost is the cost you’d have to pay to replace an asset with a similar asset at the present time and value.
  5. Term

    What are Articles of Association?

    Articles of association are a document that specifies the regulations for a company’s operations.
  6. Investing Basics

    What Does Window Dressing Mean?

    Window dressing is the actions taken close to the end of a reporting period by managers to try and make their financial numbers look better.
  7. Economics

    What Does Business-to-Business Mean?

    The term business-to-business refers to transactions or communication that takes place between two or more businesses.
  8. Economics

    What are Barriers to Entry?

    A barrier to entry is any obstacle that restricts or impedes a company’s efforts to enter an industry.
  9. Economics

    Understanding Management by Objectives

    Management by objectives is a process in which a manager and an employee agree on specific performance goals and then develop a plan to reach those goals.
  10. Economics

    What Does Going Concern Mean?

    Going concern is a concept used in business and accounting to describe the fiscal health of a company.
RELATED FAQS
  1. What is a typical day in the life of a stockbroker, from start to finish?

    One of the great attractions for many that become stockbrokers, is that there is no such thing as a typical day. In fact, ... Read Full Answer >>
  2. There are so many stockbrokers out there. How do I go about choosing the best one ...

    If you decide that you have the knowledge and experience to take on stock investing, or if you feel you would like to give ... Read Full Answer >>
  3. How can I calculate funds from operation in Excel?

    In general, the terms "work in progress" and "work in process" are used interchangeably to refer to products midway through ... Read Full Answer >>
  4. When does Q4 start and finish?

    Most companies such as Facebook have financial years that end on December 31st. For these companies, the fourth quarter begins ... Read Full Answer >>
  5. When is it useful to look at a company's fixed asset turnover ratio?

    It is useful to look at a company's fixed asset turnover ratio when an outside observer, such as an investor, wants to know ... Read Full Answer >>
  6. What is the difference between perfect and imperfect competition?

    Perfect competition is a microeconomics concept that describes a market structure controlled entirely by market forces. In ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Alligator Spread

    An unprofitable spread that occurs as a result of large commissions charged on the transaction, regardless of favorable market ...
  2. Tiger Cub Economies

    The four Southeast Asian economies of Indonesia, Malaysia, the Philippines and Thailand. Tiger cub economy indicates that ...
  3. Gorilla

    A company that dominates an industry without having a complete monopoly. A gorilla firm has large control of the pricing ...
  4. Elephants

    Slang for large institutions that have the funds to make high volumes trades. Due to the large volumes of stock that elephants ...
  5. Widow's Exemption

    In general terms, a widow's exemption refers to the amount that can be deducted from taxable income by a widow, thereby reducing ...
  6. Wedding Warrant

    A warrant that can only be exercised if the host asset, typically a bond or preferred stock, is surrendered. Until the call ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!