boiler room Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “boiler room” in the English Dictionary

"boiler room" in British English

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boiler roomnoun [C]

uk   us  
  • boiler room noun [C] (HEAT)

a ​room in a ​building or on a ​ship where the ​boiler is
  • boiler room noun [C] (SALES)

a ​room in which ​peoplework very hard to ​sellproducts by ​phone
(Definition of boiler room from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"boiler room" in Business English

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boiler roomnoun [C]

uk   us   (also boiler shop) disapproving FINANCE, STOCK MARKET
a ​smallorganization that ​illegallysellsshares of very little or no ​value. People who ​work for boiler ​rooms use dishonest or unpleasant ​methods to persuade ​customers to ​buyshares: Agents infiltrated a so-called "boiler ​room" where ​illegal forex ​contracts were being ​traded.
(Definition of boiler room from the Cambridge Business English Dictionary © Cambridge University Press)
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“boiler room” in British English

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