board of directors

board of directors
board of directors often cap B&D: a group of individuals elected by the shareholders of a corporation to manage the corporation's business and appoint its officers

Merriam-Webster’s Dictionary of Law. . 1996.

board of directors
index management (directorate), management (supervision)

Burton's Legal Thesaurus. . 2006


board of directors
n.
The governing body of a corporation that is elected by shareholders and that sets company policy and appoints officers.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


board of directors
The policy managers of a corporation or organization elected by the shareholders or members. (See also: director)
Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.

Nolo’s Plain-English Law Dictionary. . 2009.

board of directors
USA
The governing body of a corporation elected by the stockholders. The board is usually composed of officers of the company and outside (non-company) directors. The board is empowered to elect and appoint officers and agents to act on behalf of the company, declare dividends and act on other major matters affecting the company.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


board of directors
n. The governing body of a corporation elected by the shareholders to establish and carry out corporate policy, select the corporation's officers, make certain major decisions concerning the corporation's business and finances, and to oversee the corporation's operations.

Webster's New World Law Dictionary. . 2000.


board of directors
A group of people comprising the governing body of a corporation.

Dictionary from West's Encyclopedia of American Law. 2005.


board of directors
A group of people comprising the governing body of a corporation.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

board of directors
n.
   the policy managers of a corporation or organization elected by the shareholders or members. The board in turn chooses the officers of the corporation, sets basic policy, and is responsible to the shareholders. In small corporations there are usually only three directors. In larger corporations board members provide illustrious names, but the company is often run by the officers and middle-management who have the expertise.
   See also: corporation

Law dictionary. . 2013.

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