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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). A term that compares stealing talent from another company to illegally hunting African rhinoceroses for their ivory.
“I have no problem poaching talent from Google. I mean, it’s not like they are watching us or anything. **ring** **ring** Hmm, another unknown number. Ya know it’s strange, every time I say that, my phone rings. Weird.”
(1). The deceptive practice of enticing a new customer with empty promises (read: low fees) only to spring the real deal on them after it’s too late for them to back out.
“What is this, some kind of bait and switch? You’re sign says ‘All You Can Eat’ and, goddamnit, I want more shrimp!”
