(1). A term used to explain to management how difficult it was to accomplish a particular task or transaction and that their input is neither appreciated nor wanted.
“The calculus of the deal is such that, we risk losing the entire contract if we hold out for a soda machine.”
(1). The time period for which you are going to correct that egregious accounting error your new associate just discovered.
“Thanks for pointing this issue out to us, Caitlin. Even though this has clearly been a problem for years, I think it’s best that we adjust our practice on a go-forward basis.”