(1). To sell, stop operating or simply stop paying for an unprofitable company or business unit in order to conserve capital for other things.
Stop The Bleeding
RANDOM LINGO
Hurry Up And Wait
(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?”
Empty Suit
(1). Any corporate executive, financial advisor, lawyer or accountant who adds no substance to any situation and are usually present for the purpose of (1) running up fees, or (2) making the client feel important.
“Okay guys, Dave and I will be running the meeting. Steve, you and Sean are just some empty suits in the room to make the team look bigger. Sell it!”