Boiler Room Set Meaning

Any room in a building often in the basement that contains a boiler for central.

Boiler room set meaning. A boiler room operation uses high pressure sales tactics to cold call clients and then push them to buy risky intransparent penny stocks. Founded in london in 2010 boiler room has now hosted shows in around 100 cities worldwide. Electronic messaging such as email text messages and social media can be used to initiate contact with. An area as in a building or on a ship that houses one or more steam boilers or hot water tanks.

Boiler room synonyms boiler room pronunciation boiler room translation english dictionary definition of boiler room. A room equipped with telephones used for making high pressure usually fraudulent sales pitches. It has regular operations in london amsterdam new york city berlin lisbon são paulo mexico city kraków tokyo sydney lima and los angeles and. Boiler room salespeople may also solicit prospects through other means than phone calls.

Boiler room definition is a room in which a boiler is located.