Meaning of the word "board meeting" in English

What does "board meeting" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

board meeting

US /bɔrd ˈmiːtɪŋ/
UK /bɔːd ˈmiːtɪŋ/
"board meeting" picture

Noun

a formal meeting of the directors of a company or organization

Example:
The next board meeting is scheduled for Tuesday.
He presented the quarterly report at the board meeting.