Business Pitch Dictionary by pitch.dog
Boards, directors & committees · Working

Board charter

Also called: board terms of reference

ELI5

A document defining the board's purpose, responsibilities, authority and operating rules.

Used in conversation

“The team needs one controlled copy of board charter, with an owner and date.”

Pitch context

You will see “Board charter” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches boards, directors & committees.

Why it matters: In boards, directors & committees, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.