board n often cap
1 a: a group of individuals having managerial, supervisory, investigatory, or advisory powers over a public or private business, trust, or other organization or institution
Board of Bar Overseers
2 a: a group of citizens elected to administer the business of or an aspect of the business of a political unit (as a town or county)
a board of selectmen
b: a federal, state, or local government agency see also national labor relations board in the important agencies section
3: a securities or commodities exchange see also board of trade
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.