Definition of 'Directorate'
An organization headed by a director. In finance, directorate is sometimes used in place of "board of directors," which is the group of individuals that makes decisions for a corporation on behalf of its shareholders. In politics, directorates are government or quasi-government agencies or organizations (e.g., Norwegian Petroleum Directorate, OECD Trade and Agriculture Directorate, U.S. Directorate of Defense Trade Controls).
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