Boards Glossary
Browse 6 boards terms defined in plain English, from the cultural dictionary of computing.
6 Boards Terms
- Board Meeting
- A formal meeting where the board reviews company performance, strategy, major decisions, and risks with management. In startups, board meetings often shape...
- Board Observer
- Someone allowed to attend board meetings and receive materials without holding a formal board seat or voting authority. Observer rights are common in venture...
- Board of Directors
- The formal governing body responsible for overseeing company leadership, major decisions, and fiduciary obligations to shareholders. Startups often move from...
- Board Seat
- A formal position on a company's board of directors, usually carrying governance rights, meeting participation, and influence over major decisions. Board seats...
- Governance
- The structures, rules, and decision rights that determine how a company is overseen and controlled, including boards, approvals, reporting, and fiduciary...
- Independent Board Member
- A board member who is not part of management and is not primarily there to represent a major investor, intended to provide independent judgment and oversight....
Related Topics
- Governance (5 terms in common)
- Leadership (2 terms in common)
- Investors (2 terms in common)
- Organizations (1 terms in common)
- Control (1 terms in common)
- Management (1 terms in common)