Boiler room (business)

A "boiler room" in a business context typically refers to a type of operation—often in sales or investment—where high-pressure sales tactics are employed to persuade clients to buy stocks, investments, or other financial products. These operations can be characterized by the following features: 1. **High-Pressure Sales Tactics**: Agents or salespeople often work in a fast-paced, high-stress environment, using aggressive techniques to close deals quickly.