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(1). A way to tell a job candidate “no” without actually having to say “no”. (WARNING: May lead to uncomfortable follow-up phone calls and emails.)
“Yeah, I’m not sure this guy’s firm material, you know what I mean? Well, let’s put him on a warm hold for now and call in some other candidates.”
(1). To be given an extremely tight deadline to get something to a client, only to end up sitting around for weeks afterward while the client decides what they want to do.
“Well, Jeff, the client called and thanked us for getting the documents out to them, but told me they are having a meeting about them next week, so we won’t hear anything until after that…hurry up and wait, right?”
(1). How fancy, snooty business men concluded meetings in England in the mid 1800’s.
(2). How fancy, snooty bankers & Wall Street folk currently conclude meetings.
“Old business?! No? On to new business then..”
