- a place where illicit brokers engage in high-pressure selling, over the telephone, of securities of a highly speculative nature or of dubious value.
- any room or business where salespeople, bill collectors, solicitors for charitable donations, etc., conduct an intensive telephone campaign, especially in a fast-talking or intimidating manner.
Words nearby boiler room
OTHER WORDS FROM boiler roomboil·er-room, adjective
Examples from the Web for boiler room
In some cases the curing-room is located over the boiler-room and hence becomes very hot.The Book of Cheese|Charles Thom and Walter Warner Fisk
Bewildered, but unhurt, he crawled to the boiler-room, shaking the coal from his back and shoulders.
It is sucked up from the machines and carried in large tubes to the boiler-room and there is mechanically supplied to the fires.Handwork in Wood|William Noyes
The boiler-room's bad enough, I grant ye that, but it's a darn sight better than goin' to jail.By Right of Conquest|Arthur Hornblow
Neville had heard Larry's cry and rushed to the boiler-room.
British Dictionary definitions for boiler room
- a fraudulent scheme in which investors are encouraged to buy non-existent, worthless, or over-priced shares
- (as modifier)a boiler-room scam