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 chairman's role includes managing the board's business and acting as its facilitator and guide. 1  This can include: 2  Determining board composition and organisation; 3  Clarifying board and management responsibilities; 4  Planning and managing board and board committee meetings; 5  Developing the effectiveness of the board.