(1). How fancy, snooty business men began meetings in England in the mid 1800’s.
(2). How fancy, snooty bankers & Wall Street folk currently begin meetings.
“Old business?! No? On to new business then..”
Old Business
RANDOM LINGO
Sharks in the Water
(1). The other brokers out there trying to woo your clients away from you.
“Look, Mike…we need to be picture perfect on this transaction. There are sharks in the water circling around this client and I want to make sure we don’t give them an excuse to jump ship.”
Take A Victory Lap
(1). In finance, to sell investments that have appreciated quickly in an attempt to lock in profits. The phrase is used by financial advisors when speaking with clients to provide them with a sense of accomplishment that will; 1 lead to their approval, and 2 allow the advisor to gloss over the poor performance of other investments in the portfolio.