(1). A general term used to describe both positive and negative comments, often during performance reviews. As with actual feedback, the comments are usually painful to hear and often result in headaches.
(1). A nice way to describe the work of a low-level employee in a vain attempt to make it sound like you think what they do is way more important than what you do.
“Yeah, trading millions of dollars worth of corporate bonds every day is important to our corporate bond-trading business, but your team’s processing of account paperwork is really where the rubber meets the road!”