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(1). Acts of public self-congratulation among co-workers, often after being notified of an increase in compensation, and almost always in front of people who did not share in that increase.
“Oh sure, while those guys are giving each other high fives over in Sales, we’re stuck here in Accounting doing the real work!”
(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.
