witching day n.— «That rumor proved false too. But is it just a coincidence that the rumor spread on a Friday known as a “quadruple witching day”—when lots of Merrill Lynch options were expiring?» —“Psst! Hear the Rumor of the Day...
take under n.— «The rumor turned out to be wrong, as rumors often do. But this one even had an exact price: Lehman would be sold for $15 a share, traders buzzed all afternoon, in what would amount to a “take under”—Wall Street parlance...
lockstep n.— «The root of the problem may lie in the top law firms’ oddly egalitarian tradition of paying the same amount to associates at the same level. Many refer to it internally as “lockstep.” At some firms, that applies to partners...