boiler room


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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 shares
b. (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 shares
b. (as modifier): a boiler-room scam.
References in periodicals archive ?
The night, at The Boiler Room in Vyse Street, Hockley, also features Jimpster aka Audiomontage - the founder of Freerange Records - as well as Jigsaw residents Woody, Rich G, David Ames and Domu.
"As we enter into the peak heating months, we encourage building managers and property owners to review their boiler room operations with our staff to ensure proper working order," said Louis Romano, senior vice president of Castle Oil Corporation.
Boiler Room, the recent and highly entertaining film about rogue stockbrokers who foist junk investments on unwitting and malleable investors, strives mightily to be more than a mere diversion.
construction of a boiler room operating on mw (wood chips) with the transfer of loads from two inefficient boiler rooms using natural gas as fuel 1 object (s), 200 000 byn
aTHE postscript to a boiler room scam tells you, in a sentence, why you should never deal with cold-callers who are flogging investments.
The consumers are being contacted after the Financial Services Authority and City of London Police found their personal details on a master list being used by criminals involved in so-called boiler room scams.
The Financial Services Authority said 153 people had been returned cash they had put into a so-called boiler room, equivalent to 90 per cent of the money they had lost.
The blaze in the two-storey property was started in the boiler room, which was destroyed.
In the entertaining Hollywood film, Boiler Room, 20-something millionaires are made overnight.
However, as the heating season rapidly approaches, now is the time for building managers and property owners to ensure their boiler room operations are in proper working order.
Request for quotations : selection of organizations for construction and installation works on the object: modernization of the boiler room with the replacement of inefficient boilers in ag.