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addaword.gifdefinition of boiler room

a business that uses high-pressure sales techniques to sell "sure thing" investments with the promise of massive returns. In fact the investments are worthless
We wanted to tell you a bit about so-called Boiler Room Scams and how best to avoid them.
Submitted from United Kingdom on 20/04/2012 09:51:00
Definition of boiler room from the Open Dictionary – a public resource hosted by Macmillan English Dictionary Online

food rave

a very large party where people eat, sell or share many different types of food, usually held outside or in a large public building

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profit margin

the difference between how much money you get when you sell something and how much it costs you...