(1). A hokey, colloquial phrase intended to dissuade clients from selling out of a declining investment due to short-term market fluctuations. Clients are often puzzled as to the phrase’s meaning, leading them to take no action, which was, of course, the speaker’s intent.
(1). To think about; a clever way for attorneys who do not know the answer to a question to buy time to have a junior associate research the issue, while still appearing thoughtful and knowledgeable to their client.
“I’m going to have to noodle on this a bit more before giving you an opinion, John. Now, at $750 an hour…carry the 4…I should be able to get back to you next Tuesday.”