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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 ?
Analysis of AEM data indicates a possible deep bedrock conductor. A field inspection revealed sand cover with local basement felsic gneiss subcrop in the local area.
Liao said he started receiving systematic training as a conductor at NTNU's Department of Music.
It goes without saying that an experienced conductor, as well as an experienced leader, must be able to listen to their collaborators.
Once Snow and the conductor were on the platform, the conductor called the police.
Niyazi, a descendant of the famous musical dynasty, has become Azerbaijan's first professional conductor, who received worldwide recognition.
Consider a battery connected to a conductor through a switch.
Read more: Star conductor Andris Nelsons leaves legendary Wagner festival in dispute
A bus conductor of over six years, who simply identified himself as Elejire, told Saturday Tribune that, 'People think that bus conductors are hoodlums.
ZTACIR (super thermal aluminum conductor invar reinforced) conductor consists of steel-invar galvanized alloy core (ACI core) and ZTAL wires in the outer layers.
pulsed current in a conducting material of a conductor; [t.sub.k] is the time of the EE of the conductor [3-6].
The triplex underground aluminum URD cable has three conductors distributing two-phase power and while the third is a neutral conductor which discharges electrons to the ground to prevent electrocutions and short-circuits.
It is worth noting that most of the scholars currently use smooth surface conductor models in experiments.