boiler room

n.1. An area, as in a building or on a ship, that houses one or more steam boilers or hot-water tanks.2. Informal A room equipped with telephones for making cold calls usually involving high-pressure or fraudulent sales pitches.

boiler room

n 1. (General Engineering) any room in a building (often in the basement) that contains a boiler for central heating, etc 2. (Mechanical Engineering) the part of a steam ship that houses the boilers and furnaces 3. (Industrial Relations & HR Terms) the room or department in which the real work of an organization goes on unseen 4. (Industrial Relations & HR Terms) (chiefly US) an office used by a team of telephone salespeople, esp of stocks and shares, operating under high pressure 5. (Law) a. a fraudulent scheme in which investors are encouraged to buy non-existent, worthless, or over-priced sharesb. (as modifier): a boiler-room scam. 6. (Stock Exchange) a. a fraudulent scheme in which investors are encouraged to buy non-existent, worthless, or over-priced sharesb. (as modifier): a boiler-room scam.

boiler room

n. a telephone bank operation in which fast-talking telemarketers or campaigners attempt to sell stock, services, goods, or candidates and act as if they are calling from an established company or brokerage. Often they are totally fraudulent and in violation of security laws.

boiler room

a type of fraud on investors by dishonest brokers who fill a room with high pressure telephone salespeople to push dubious stocks and shares. It is governed by FINANCIAL SERVICES LAW in the UK.

boiler room

Boiler room

Used to describe place or operation in which unscrupulous salespeople call and try to sell people speculative, even fraudulent securities.

Boiler Room

Informal; a place where workers make unsolicited telephone calls to completely unknown persons in an attempt to convince them to invest in a particular venture. Boiler rooms are controversial and some jurisdictions have put in place laws limiting their legitimate use. In any event, the term has a negative connotation; one often hears of boiler rooms in the context of shady and perhaps illegal investments.

boiler room

An area in a sales operation in which are located personnel who are engaged in contacting prospective buyers, usually by telephone, and in using high-pressure tactics to sell securities. These operations are associated with high commissions and unethical practices.

Boiler room.

A boiler room is a location used by con artists to contact potential victims out-of-the-blue -- an approach known as cold calling -- in an attempt to sell high-risk investments that may or may not be legitimate.

Boiler room scammers typically use high-pressure tactics to close an immediate sale and are unwilling to provide written information about either the investment they are pushing or themselves.

boiler room

A lead-generating system usually characterized by large groups of people working in cubicles making cold calls to consumers in order to gauge interest in real estate investments,insurance products, refinance offers, or any number of other products.The leads are then sold to professionals for follow-up. Sometimes,the boiler room operation also engages in high-pressure sales techniques, which has lead many states to pass legislation allowing a cooling off period within which to reject and void any contracts entered into as a result of such tactics.

单词	boiler room
释义	boiler room boiler room n.1. An area, as in a building or on a ship, that houses one or more steam boilers or hot-water tanks.2. Informal A room equipped with telephones for making cold calls usually involving high-pressure or fraudulent sales pitches. boiler room n 1. (General Engineering) any room in a building (often in the basement) that contains a boiler for central heating, etc 2. (Mechanical Engineering) the part of a steam ship that houses the boilers and furnaces 3. (Industrial Relations & HR Terms) the room or department in which the real work of an organization goes on unseen 4. (Industrial Relations & HR Terms) (chiefly US) an office used by a team of telephone salespeople, esp of stocks and shares, operating under high pressure 5. (Law) a. a fraudulent scheme in which investors are encouraged to buy non-existent, worthless, or over-priced sharesb. (as modifier): a boiler-room scam. 6. (Stock Exchange) a. a fraudulent scheme in which investors are encouraged to buy non-existent, worthless, or over-priced sharesb. (as modifier): a boiler-room scam. boiler room boiler room A room in which one or more steam or hot-water boilers and associated equipment are located. boiler room boiler room n. a telephone bank operation in which fast-talking telemarketers or campaigners attempt to sell stock, services, goods, or candidates and act as if they are calling from an established company or brokerage. Often they are totally fraudulent and in violation of security laws. boiler room a type of fraud on investors by dishonest brokers who fill a room with high pressure telephone salespeople to push dubious stocks and shares. It is governed by FINANCIAL SERVICES LAW in the UK. boiler room Boiler room Used to describe place or operation in which unscrupulous salespeople call and try to sell people speculative, even fraudulent securities. Boiler Room Informal; a place where workers make unsolicited telephone calls to completely unknown persons in an attempt to convince them to invest in a particular venture. Boiler rooms are controversial and some jurisdictions have put in place laws limiting their legitimate use. In any event, the term has a negative connotation; one often hears of boiler rooms in the context of shady and perhaps illegal investments. boiler room An area in a sales operation in which are located personnel who are engaged in contacting prospective buyers, usually by telephone, and in using high-pressure tactics to sell securities. These operations are associated with high commissions and unethical practices. Boiler room. A boiler room is a location used by con artists to contact potential victims out-of-the-blue -- an approach known as cold calling -- in an attempt to sell high-risk investments that may or may not be legitimate. Boiler room scammers typically use high-pressure tactics to close an immediate sale and are unwilling to provide written information about either the investment they are pushing or themselves. boiler room A lead-generating system usually characterized by large groups of people working in cubicles making cold calls to consumers in order to gauge interest in real estate investments,insurance products, refinance offers, or any number of other products.The leads are then sold to professionals for follow-up. Sometimes,the boiler room operation also engages in high-pressure sales techniques, which has lead many states to pass legislation allowing a cooling off period within which to reject and void any contracts entered into as a result of such tactics.
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