n. a telephone bank operation in which fast-talking telemarketers...

Used to describe place or operation in which unscrupulous salespeople call and try to sell people speculative, even fraudulent securities.

See Bucket Shop

A boiler room is a location used by con artists to contact potential victims out-of-the-blue — an approach known as cold calling — in an attempt to sell high-risk investments that may or may not be legitimate. Boiler room scammers typically use high-pressure tactics to close an immediate sale and are unwilling to provide written information about e [..]

A telephone bank operation in which fast-talking telemarketers or campaigners attempt to sell stock, services, goods, or candidates. Such operations, especially securities sales, are often fraudulent [..]

Definition An unflattering term used to describe a fraud scheme in which salespeople are hired to call unsuspecting individuals and push investment opportunities. These high-pressure calls are often u [..]

a room equipped with telephones used for making high-pressure usually fraudulent sales pitches

An enterprise which often is operated out of inexpensive, low-rent quarters (hence the term "boiler room") that uses high pressure sales tactics (generally over the telephone) and possibly f [..]

is a call center in which salespeople call potential investors in an attempt to sell risky, or even falsified, investment opportunities using aggressive and unethical tactics.

Boiler room is a telephone bank operation in which fast-talking telemarketers or campaigners attempt to sell stock, services, goods, or candidates and act as if they are calling from an established co [..]

Boiler room scams are also known as share sale frauds. Fraudsters use hard sell tactics to persuade their victims to invest in worthless shares that are impossible to sell. Investors will almost certa [..]

A compartment in the middle or after section of a vessel where the boilers are placed.

A term used to describe a firm using telephone salespeople to peddle securities of lesser quality or penny stocks.

n. a telephone bank operation in which fast-talking telemarketers or campaigners attempt to sell stock, services, goods, or candidates and act as if they are calling from an established company or bro [..]

a high-pressure, often fraudulent, telephone sales operation. 

Working environment that uses high-pressure and unsound sales tactics.

Used to describe place or operation in which unscrupulous salespeople call and try to sell people speculative, even fraudulent securities.