Boiler Room Definition Urban

Know how to spot one and beware.

Boiler room definition urban.

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. Undemocratic in a non political context bossy controlling domineering. A boiler room operation uses high pressure sales tactics to cold call clients and then push them to buy risky intransparent penny stocks. A room equipped with telephones used for making high pressure usually fraudulent sales pitches.

The slang word phrase acronym boiler room means. 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. This slang page is designed to explain what the meaning of boiler room is. Further anaerobic digester control building storage handling or burning of sludge gas physically separated from gas handling equipment is unclassified for nec electrical classification and must be continuously ventilated by a minimum six air changes per hour.

Characterized by a law and order approach. A site of illegal operation especially the telephone sales of goods or services by charlatans. 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. Failing to support civil liberties and or economic freedom in society.

Understanding a boiler room. Any room in a building often in the basement that contains a boiler for central. A large protruding gut on a man. A list of slang words and phrases idioms jargon acronyms and abbreviations.

Boiler room must be unclassified.