(1). In finance, to invest newly-received client assets in products offered by the firm. The term is usually uttered by anxious stockbrokers (many of whom have already put down money on a pool or new car) when discussing, internally, clients who are reluctant to approve their investment recommendations.
(1). The place where you go out to meet with someone in person instead of emailing or texting them over that new “World Wide Web” contraption. Smiley-face emoticon!
“Look, we’re not like other firms that’ll just send you an email once in a while. We believe in the SneakerNet, and we’re more than happy to meet with you anytime, anywhere … so long as you do at least $5 million with us, otherwise, it’s once-in-a-while emails for you.”