(1). To weed out the meat of a presentation (a.k.a. the quote) from all of the marketing fluff.
“This all looks great, Don. But I’m having a little trouble separating the wheat from the chaff here. Can you let me know where I can find the fee? … Oh, there it is – footnote 34 in Appendix K…got it.”
(1). A nice way to describe the work of a low-level employee in a vain attempt to make it sound like you think what they do is way more important than what you do.
“Yeah, trading millions of dollars worth of corporate bonds every day is important to our corporate bond-trading business, but your team’s processing of account paperwork is really where the rubber meets the road!”