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Finance Dictionary and Glossary of Investment Terms
Board of Directors
Individuals elected by the shareholders of a corporation who carry out certain tasks established in the charter.
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 called directorate.
The controlling bodies of NASD Regulation, Inc. and The Nasdaq Stock Market, Inc.