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(1). To follow up (again) with someone who has repeatedly not gotten back to you. The term is usually used in response to your bosses asking for a status update.
“Sure, Jim, I’ll lob in a call to the attorney to see where he is with our documents. Although, I’m starting to think it might have been a bad idea to pay him in advance.”
(1). A hokey, colloquial phrase intended to dissuade clients from selling out of a declining investment due to short-term market fluctuations. Clients are often puzzled as to the phrase’s meaning, leading them to take no action, which was, of course, the speaker’s intent.
(1). A client account you’re thinking of going after that’s been with one bank for years and years. And why shouldn’t you give it try?! I mean, who’s better than you, right?! Their current guy probably doesn’t even call them once a quarter to tell them what’s going on with Russian commodity prices! And how about that new exchange fund you’re offering? Wouldn’t they want to know about that?! Of course they would!! Now, get over to that phone and get that old coot on the line! You are a bright, shining star!
“So, given our lackluster numbers so far this year, I’ve been thinking that a new strategy is called for. Instead of young, up-and-coming entrepreneurs, we’re going to hunt for some old and cold money! Now, I want everyone to hit the nursing homes and university clubs and bring in those Vanderbilts!”
