boiler room means: This is a description of a place or operation where unscrupulous salespeople attempt to sell people fraudulent, speculative securities. (in Stock Market Dictionary)

What else does boiler room mean?

  • A place, such as a building, or on a vessel, where one or more steam boilers are housed or hot water tanks. (in Merlin Dictionary)
  • An area equipped with phones for cold calling, often with high-pressure sales pitch or fraud. (in Merlin Dictionary)