(1). To weed out the meat of a presentation (a.k.a. the quote) from all of the marketing fluff.
“This all looks great, Don. But I’m having a little trouble separating the wheat from the chaff here. Can you let me know where I can find the fee? … Oh, there it is – footnote 34 in Appendix K…got it.”
(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.