(1). A biblically-inspired phrase describing an action which will result in a net benefit of zero, often used in finance to dissuade clients from making unnecessary investment changes.
Rob Peter To Pay Paul
RANDOM LINGO
My Understanding
(1). A term often used by lawyers to cover themselves when in reality, they have no idea what they are talking about.
“My understanding was that we could pay those customs officials “bonuses” and not expose ourselves to any liability. Who knew there was a Foreign Corrupt Practices Act?”
Props to Jared P. for the submission.
Repotted
(1). The act of indiscriminately moving some of your employees to another location to save a few shekels on rent.
“So, we just repotted all of our IRA call center guys to our new high value site in Topeka. It’s going to save us a ton!”