Board of Directors, Boilerplate, Bomb, Bond :



Board of Directors : A group of officials in a corporation, elected by the shareholders responsible to appoint and administer the chief executive officers



Boilerplate : A pre-printed legal document, for example a lease or a sales contract : Some standardised clause or terms, rights and obligation of each party, etc, are listed in the contract.



Bomb : A situation in which the computers gets locked up and it becomes mandatory to restart it



Bond : An agreement by a bonding agency which guarantees payment for the goods that get damaged in storage or in transition or for the financial loss due to careless or dishonest act of an employee : An interest bearing document issued by the government or business guaranteeing to pay a certain amount on a certain date, usually used as a means to raise funds : A written obligation to pay a certain amount of money or to do or not to do a certain task



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