seat - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “seat”

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seat

noun [C]
 
 
/siːt/
POLITICS an official position as a politician: a seat in sth a seat in Parliament/the House of Representatives She is expected to lose her seat at the next election.
WORKPLACE, MANAGEMENT an official position as a member of a group of people who control a company or organization: a seat on sth The investors demanded several seats on the board.
STOCK MARKET, FINANCE a position as a member of a particular stock exchange, commodities exchange, etc. who has the right to trade there: a seat on sth A seat on the New York Exchange confers membership in the exchange.
COMMERCE, TRANSPORT one of the places on a plane, etc. or in a theatre, etc. where the passengers or audience sit: We managed to find a seat on a later flight. The best seats at the concert had been reserved for corporate sponsors.
→  See also back adjective , be in the driving seat , the hot seat
(Definition of seat from the Cambridge Business English Dictionary © Cambridge University Press)
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