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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


A seat on the board of directors of a company or other organization. A directorship allows one to have a direct say in a company's policies, particularly regarding dividend payments, the hiring and firing of major executives, and so forth. One receives a directorship as the result of a shareholder vote. Generally speaking, directors are nominated on the basis of whom they intend to represent, whether that be management, a particular block of shareholders, or even the company's employees.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


A member of a firm's board of directors. A director also may hold a management position within the firm. See also inside director, outside director.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.


an official of A JOINT-STOCK COMPANY elected by the SHAREHOLDERS at the company's ANNUAL GENERAL MEETING and charged with certain powers and responsibilities to run the company on behalf of the shareholders. Each company will have a number of directors who constitute the BOARD OF DIRECTORS and the directors will meet regularly to determine company policy. The board generally elects one of their number to act as chairman of the BOARD OF DIRECTORS and may also elect one of their number to serve as managing director with responsibility for the day to day management of the company. Some directors will be executive directors and will hold senior salaried management posts in the company; others may be non-executive directors who are not primarily employed by the company but may be bankers or executives employed by other companies, contributing their expertise at board meetings in return for directors' fees. See CORPORATE GOVERNANCE.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
When I went onto the medical surgical floor looking for her, the medical director arrived, as did the directress of Quality Assurance.
The directress should remember that, in a sense, she herself is also a part of the environment--the most living part of it, too.
The teacher in a Montessori classroom is not called a teacher, rather she is called a directress. For this approach to work, it is crucial to observe children at all times.
For more on Sedgwick's role as Directress of the Women's Prison Association of New York, see Sedgwick, Life and Letters 292-93; Mrs.
Cooper envisioned her as directress of a new venture which would involve establishing an institution for the advancement of Catholic female children in habits of religion and giving them an education suited to that purpose ...
Modern literature, on the contrary, is a gay Coquette, fluttering, fickle, vain; followed by a train of flatterers; besieged by a crowd of pretenders; courted, she courts again; receives delicious praise, and dispenses it; is impatient for applause; pants for the breath of popularity; renounces eternal fame for a newspaper pug trifles with all sorts of arts and sciences; coquettes with fifty accomplishments--mille ornatus habit, mille decenter; is the subject of polite conversation; the darling of private parties; the go-between in politics; the directress of fashion; the polisher of manners; and like her winged prototype in Spenser, 'Now this now that, she tasteth tenderly', glitters, flutters, buzzes, spawns, dies,--and is forgotten!
Born in New Zealand, she left her home country in her early twenties to attend the Sydney Art School and the Australian Film and Television School, and is now professionally located in Sydney, calling herself an "Aussie directress." Since her international success at Cannes with The Piano, Australians are eager to claim her as a representative of their film culture.
(20) Sedgwick's service began with the "deserving poor" (impoverished Sunday school children, homeless orphans, or poor women seeking employment through the House of Industry) and ended with her position from 1848-1863 as First Directress of the Home for Discharged Female Convicts (later incorporated as the Women's Prison Association and Home), service that involved Sedgwick's taking "fallen" women into her own home.
T., the camp directress, teaches the girls about the antithesis between Democracy (good) and Communism (evil).
A case in point: The directress of the convent where I was staying in Florence stopped me one day shortly after hanging a rainbow-colored "Peace" banner (PACE) in the reception room where mainly students, French, German and American tourists were greeted on their way to their rooms.
Florence Nightingale: In 1891 she was living in Westminster where her occupation was "Directress of Nightingale Fund Training School - living by her own means".
But the school magazine, like any other of its ilk, was reporting wider achievements too: one opening a kindergarten for poor children on the Warwick Road, another working as directress of the Girls' High School in Istanbul, another as the manager of Clapham Maternity Hospital.