nonexecutive director

NED The British term for *outside director.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • nonexecutive director — Gen Mgt a parttime, nonsalaried member of the board of directors, involved in the planning, strategy, and policy making of an organization but not in its day to day operations. The appointment of a nonexecutive director to a board is normally… …   The ultimate business dictionary

  • nonexecutive — 1. adjective Not executive; lacking executive authority A nonexecutive director was appointed. 2. noun One who is not an executive …   Wiktionary

  • outside director — Gen Mgt a member of a company’s board of directors neither currently, or formerly, in the company’s employment. An outside director is sometimes described as being synonymous with a nonexecutive director, and as usually being employed by a… …   The ultimate business dictionary

  • part-time director — Gen Mgt see nonexecutive director …   The ultimate business dictionary

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