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interlocking directorate

noun
1.
a corporate directorate that includes one or more members who serve simultaneously in the directorates of other corporations.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Historical Examples
  • They cooperate in an intimate relationship which may be compared to an interlocking directorate.

    The Pivot of Civilization Margaret Sanger

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