bring-down
n.— «At the same time the advanced due-diligence process, known as “bring-down,” being undertaken by B&B’s advisers had started to turn up some disturbing figures in the mortgage book.» —“B&B had to pass the hat around” by Harry Wilson Financial News Online June 9, 2008. (source: Double-Tongued Dictionary)
Further reading
In 1916, a small-town newspaper in Pennsylvania printed a fanciful item about a local gathering with a guest list that included, among others, Miss Ella Vader, Mr. Ray Zor, and other punny names. This is part of a complete episode. Transcript of...
The expression to run the traps means “to perform due diligence” or “solicit a wide variety of opinions” or “investigate every angle thoroughly.” This metaphor derives from the literal sense of running the traps, which refers to hunting and fishing...