Board of directors
Pronunciation: /ˈbɔɹd ˈəv daɪˈɹɛktɝz/
Board of directors (noun)
- A group of people chosen to make important decisions for a company and to oversee how it is run.
- A legal group that directs a company’s strategy, checks performance, and appoints key managers.
Examples
- The board of directors reviews the company’s plans each quarter.
- Board of directors approve major changes before they start.