(1). To proactively address an issue which is identified as potentially dangerous to the firm or a client relationship. The term is often used when trying to quietly clean up an error before the client notices anything is wrong.
(1). A term that can be taken in two very different ways. On one hand, you are the rockstar employee who works late often to better the firms footprint within your industry. On the other hand, you are that kiss-ass employee who works late often because you don’t have kids, friends, or anything worthwhile going on, which alienates your co-workers. Work is great.
Boss – “Hey Matt, great to see that even on a Friday night you’re still here working and burning the midnight oil, thanks for all your hard work.”
Everyone Else in the Office – “Matt is such a dick.”
(1). In real estate listings, a house that is way too small for you and your seven kids to live in.
“I think you’re just going to love this next one! It’s an adorable three-bedroom cape right on a quiet, little corner lot. Those lights? Oh, it’s just the 7-Eleven parking lot. Don’t worry, almost no one ever tries to jump the fence.”