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(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.
(1). To replace a system your company currently licenses with one your tech guys build themselves. Get ready for a buggy UI!
“So, we’re looking to in-house our general ledger system. Dipal said it would take six months and cost about half a million bucks. So, I’m prepping for about an 18-month turnaround with a budget of about two million bucks.”
(1). That little something that makes you marginally better than those guys in the hallway waiting to be interviewed after you.
(2). That little something that makes your firm marginally better than your competitors (each of which is probably being interviewed right after you).
“Well, I think our differentiating factor has to be our sharp suits. I mean, everyone basically does the same thing, right? We simply just look better doing it.”
