Board of Directors
Definition
Individuals elected by a corporation's shareholders to oversee the management of the corporation. The members of a Board of Directors are paid in cash and/or stock, meet several times each year, and assume legal responsibility for corporate activities. also calleddirectorate.
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Related Terms
dividend, split, outside director, proportional representation, statutory voting, staggered board of directors
'Board of Directors
' appears in the definitions of these terms on BusinessDictionary.com chairman of the board, board of trustees, management buy in, bottom-up planning, top management, and 
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