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Place to store trophy given to the directors (8)

Ross

I believe the answer is:

cupboard

I'm a little stuck... Click here to teach me more about this clue!

'place to store' is the definition.
I can't judge whether this defines the answer.

'trophy given to the directors' is the wordplay.
'trophy' becomes 'cup' (cup is a kind of trophy).
'given to' says to put letters next to each other.
'the directors' becomes 'board' (I've seen this before).
'cup'+'board'='CUPBOARD'

Can you help me to learn more?

(Other definitions for cupboard that I've seen before include "Type of cabinet" , "Piece of furniture in which things are stored" , "Piece of furniture used for storage" , "Furniture for storing provisions etc." , "Where Old Mother Hubbard went to get her poor dog a bone" .)

I've seen this clue in The Globe and Mail.
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