A formal gathering of a company's board of directors to discuss strategic matters, review performance, and make important corporate decisions. These meetings are typically held quarterly and follow structured agendas with documented minutes.
The concept dates to medieval merchant guilds, but modern corporate board meetings evolved in the 19th century with the rise of joint-stock companies. 'Board' originally referred to the physical table around which directors sat, from Old English 'bord' meaning plank or table, while 'meeting' comes from Old English 'metan' meaning to encounter.
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