(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
Push Back
(1). n. A repeated attempt to obtain a different answer or result, often used while feigning guilt, and even more often resulting in something being escalated to management.
(2). v. To annoyingly attempt to obtain a different answer or result, often (depending on how pushy you are) resulting in some sort of successful outcome.
“Sorry for the push back, Andy, but I really think we should be able to get this done for twenty bips. I’ll take this all the way up the chain of command, if I have to.”
Centers of Influence
(1). People who usually have more direct access to potential clients than you do (usually a bunch of obnoxious lawyers or accountants who love getting free stuff from banks).
“We’re going to be focusing our outreach efforts this year on local centers of influence. That means we’re going to need a larger budget for tote bags, pens and the occasional day planner.”