boiler room

boiler room
   an operation for the unscrupulous selling of securities
   Punning on the intense heat applied. Also as boiler house or shop:
    ... an ex-con called Sidney Coe who had time for a boiler room operation in Kansas City. (Sanders, 1990 — Sidney did not have 'time' to run the operation, among his other duties, but instead had served a term in prison)
    The Dutch authorities are finally acting to close down the 'boiler-shop' share-pushing operations based in Amsterdam. {Daily Telegraph, August 1986)
   See also bucket shop.

How not to say what you mean: A dictionary of euphemisms. . 2014.

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Look at other dictionaries:

  • boiler room — boil·er room n: a room equipped with telephones used for making high pressure usu. fraudulent sales pitches Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. boiler room …   Law dictionary

  • boiler room — n. 1. a room where a boiler is located 2. a room with telephones in which high pressure and often deceptive sales, solicitations, etc. are conducted boiler room adj …   English World dictionary

  • boiler room — n 1.) a room in a large building where the building s boiler is 2.) AmE informal a room or office where people sell ↑shares or services on the telephone, using unfair and sometimes dishonest methods …   Dictionary of contemporary English

  • boiler room — boiler room, adj. 1. a room in a building, ship, etc., that houses one or more steam boilers. 2. Slang. a. a place where illicit brokers engage in high pressure selling, over the telephone, of securities of a highly speculative nature or of… …   Universalium

  • Boiler room — * A boiler room is a room where a boiler is kept, it may also refer to:* Boiler room (building), building s mechanical room * Boiler room (ship), ship s engine room * Boiler room (business), telemarketing company * Boiler Room (film) * The Boiler …   Wikipedia

  • boiler room — Used to describe place or operation in which unscrupulous salespeople call and try to sell people speculative, even fraudulent securities. Bloomberg Financial Dictionary * * * boiler room ˈboiler room also ˈboiler shop noun [countable] FINANCE an …   Financial and business terms

  • Boiler Room — Filmdaten Deutscher Titel: Risiko – Der schnellste Weg zum Reichtum Originaltitel: Boiler Room Produktionsland: USA Erscheinungsjahr: 2000 Länge: 120 Minuten Originalsprache: Englisch …   Deutsch Wikipedia

  • Boiler Room — A place where high pressure salespeople use banks of telephones to call lists of potential investors (known as a sucker lists ) in order to peddle speculative, even fraudulent, securities. A boiler room is called as such because of the high… …   Investment dictionary

  • boiler room — UK [ˈbɔɪlə ˌruːm] / US [ˈbɔɪlərum] noun Word forms boiler room : singular boiler room plural boiler rooms 1) an area or room that contains one or more boilers for producing power or hot water 2) informal a room from which people try to sell… …   English dictionary

  • boiler room — n. A room set up as a telemarketing operation, but used to run scams, such as selling fake jewelry or stocks. Example Citation: Here s how it works: A marketing service sends junk mail, including information on a Canadian lottery, to Americans,… …   New words

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