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(1). A term coined in the 90’s used to describe working from home or other remote location.
(2). Sitting on your couch and checking email from your phone every 15 minutes while playing Skyrim.
“Hey you guys catch that episode of Twin Peaks on Monday? I taped it and watched it on my new VCR while I was telecommuting yesterday. That show is crazy, it’s never going off the air!”
(1). A product or service offering that never caught on, resulting in a drain on resources and an eventual termination (see stop the bleeding).