Team meeting: the art of sitting through an hour-long discussion that could have been summarized in a single email.

An alternate definition - let the presenter present only a few points only to see the rest of the meeting attendees pounce and attack for various reasons none of which align with contributing to solving the problem at hand. The meeting ends with people pointing fingers and blaming process, management, developers, QEs, thereby dissolving the ownership from the real parties responsible to get the things done

I'd be tempted to get coloured markers and write: HOUR LONG CIRCLE JERK CONFERENCE ROOM 3 1000 SHARP!