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boiler room
(redirected from Boiler rooms)

   Also found in: Legal, Financial, Wikipedia 0.10 sec.
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 staffed with telemarketers who use illegal or high-pressure sales tactics to sell stock, commodities, or land, for example.

boiler room
n
1. (Engineering / General Engineering) any room in a building (often in the basement) that contains a boiler for central heating, etc.
2. (Engineering / Mechanical Engineering) the part of a steam ship that houses the boilers and furnaces
3. (Business / Industrial Relations & HR Terms) the room or department in which the real work of an organization goes on unseen
4. (Business / 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) (Economics, Accounting & Finance / Stock Exchange)
a.  a fraudulent scheme in which investors are encouraged to buy non-existent, worthless, or over-priced shares
b.  (as modifier) a boiler-room scam


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? Mentioned in ? References in periodicals archive
 
Because rodents do not like the cold, they're likely to invade warm areas such as laundry or boiler rooms (figure 1).
Morristown Housing Authority selected WASA to design and engineer the replacement of seven boiler rooms in several buildings within Manahan Village, Wetmore Towers, the Petrone Building and 29 Ann Street.
During their time aboard the ship, they will work in the galley, tour the engine and boiler rooms and participate in team-building activities.
 
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