Definition of misnomer. 1  1 : the misnaming of a person in a legal instrument. 2  2a : a use of a wrong or inappropriate name Nowadays it is a misnomer to call a farmer a peasant.b : a wrong name or inappropriate designation The name âGreenlandâ is a misnomer, since much of the island is covered by a massive ice sheet.
An advisory board would have to take a much more active role in the management of a business than should ever be contemplated before there could be any realistic risk that non-statutory liability could be attached to advisory board members as such.
The role of boards of directors in corporate governance:A conceptual framework and survey. Journal of Economic Literature, 48: 58â107.Ahlstrom, D., Chen, S.-J., & Yeh, K. S. 2010. Managing in ethnic Chinese communities: Culture,institutions, and context.