(1). In accounting, an exasperated resignation to government seizure of private property.
Escheat Happens
RANDOM LINGO
360 Review
(1). An unnecessarily long and painful process requiring co-workers to “anonymously” highlight each other’s shortcomings to management. While many people graciously decline to say anything too damaging, some use the review as an opportunity to settle personal scores or to climb the corporate ladder in the traditional way (i.e. by crushing their co-workers).
“Okay, team. It’s time for 360 reviews again. You need to ask at least 10 people and, remember, I don’t really read these things, so feel free to say anything you like.”
Center of Excellence
(1). Somewhere hot and humid where labor costs are more than reasonable.
“That’s right…we’ve just recently expanded our center of excellence in Bangalore. Now we have even more “Steve from Dallas”-es ready to tell all of our customers to turn their computers off and then back on again!”