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 smaller a nonprofit organization is, the more directly involved the director is likely to be in each departmental function. In the smallest nonprofits, for example, an executive director may handle all accounting duties and half of the fundraising duties, in addition to executive-level duties.Related Reading: The Role of an Executive Chairman.anagement Role. Executive directors oversee the heads of each department in a nonprofit, including marketing, fundraising, program development, HR management and accounting.