What does admission board mean?

admission board meaning in Law Dictionary

letter organization's group which allows or denies together if another party can buy liberties become a member. This person is a shareholder.

admission board meaning in Business Dictionary

A designated committee by an organization or company that determines collectively whether or not an individual may need the legal rights to-be a member of said business or organization. Those rights typically affect that individual having the ability to be a shareholder, and own stock in that organization.