Mergers & Acquisitions

Resources: Glossary

Don’t be confused or intimidated by any terms or abbreviations in the M&A world. You’ll find answers here.

Board of Advisors

Definition

A group of individuals, typically composed of technical and industry experts, who provide guidance and feedback to the company’s managers and board of directors.

See Also

Board of directors.

Tips

Unlike the board of directors, a board of advisors has no fiduciary or legal responsibility to the company, and exists solely to provide advice to the company.