Boiler Room Definition Urban

The slang word phrase acronym boiler room means.

Boiler room definition urban.

A boiler room operation uses high pressure sales tactics to cold call clients and then push them to buy risky intransparent penny stocks. In business the term boiler room refers to an outbound call center selling questionable investments by telephone it usually refers to a room where salespeople work using unfair dishonest sales tactics sometimes selling penny stocks private placements or committing outright stock fraud the use of falsified and bolstered information along with verified company released information is. The term boiler room refers to an early practice of running such operations in the basement or boiler room of a building and is so called due to high pressure selling. Boiler room definition is a room in which a boiler is located.

Characterized by a law and order approach. Know how to spot one and beware. A room equipped with telephones used for making high pressure usually fraudulent sales pitches. Undemocratic in a non political context bossy controlling domineering.

Understanding a boiler room. However in boiler room folklore this somewhat over rated piece of technical wizardry is used to explain how a false name banking document was traced by le to its real applicant when in fact the most likely explanation is that a bottom feeder who was loosely associated with the room was caught by the police slinging drugs and made a deal. Failing to support civil liberties and or economic freedom in society. A site of illegal operation especially the telephone sales of goods or services by charlatans.

Boiler room must be unclassified. A list of slang words and phrases idioms jargon acronyms and abbreviations. A large protruding gut on a man. In a political context in favor of large intrusive government that violates or suppresses individual rights.

Any room in a building often in the basement that contains a boiler for central.