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| Definitions by InvestorWords.com |
| What is...? |
| Board of Directors 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. see also dividend, split, outside director, proportional representation, statutory voting, staggered board of directors |
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