Definition

Noun: A group of individuals elected or appointed to oversee the activities and strategic direction of a corporation, organization, or other large institution. This body is responsible for making major policy and financial decisions, appointing senior executives, and ensuring the organization fulfills its obligations to its stakeholders.

Usage

The term "board of directors" refers to the collective governing body itself. It is typically used with a singular verb when referring to the group as a single unit.

Examples

• The board of directors meets quarterly to review the company's financial performance.
• She was elected to serve on the nonprofit's board of directors.
• The final decision requires approval from the board of directors.

Advanced Usage

• "To sit on the board of directors": To be a member of the board.
  • He sits on the board of directors for several major tech companies.
• "Board of directors' meeting": A meeting convened for the board members.
  • The annual strategy is set during the board of directors' meeting.

Variants and Related Words

• Board (noun): A common shortened form for "board of directors" in business contexts.
  • The board approved the merger.
• Director (noun): An individual member of a board of directors.
  • She is a director at the bank.
• Boardroom (noun): The room where the board of directors meets.
  • The tension was high in the boardroom.

Synonyms

• Governing board: A group that governs an institution.
• Board of trustees: A similar governing body, often used for non-profit organizations, universities, or foundations.

Related Phrases

• Report to the board: To provide information or be accountable to the board of directors.
  • The CEO reports directly to the board.
• Board vote: A decision made by the formal voting of the directors.
  • The measure passed after a close board vote.

Noun

1. a group of persons chosen to govern the affairs of a corporation or other large institution