Definition
1099 rep
A contract salesperson paid on performance rather than salaried.
From the episode “What it do!? The 90% Rule: Why Finishing Is the Least Fun Part of Building Anything”Hear it on the podcast1 episode
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Related terms in Finance & Markets
13F filingThe quarterly U.S. filing showing institutional holdings. This is the “what hedge funds bought this quarter” data Gelu says FNS plans to cover.23-hour tradingExchange plans to extend trading to nearly the whole day.Accounts payable portalA buyer's system where suppliers check invoice status; some lender prospects juggle 1,500 of them.Accretive acquisitionA purchase that immediately adds to earnings per share rather than diluting it.Advance rateThe percentage of the invoice value paid upfront, typically 80 to 95%.Advertising Expense BucketA distinct expense category for paid media spend, separated from fixed and variable costs. Treated as fuel — a deliberate, adjustable lever that generates revenue — rather than a line item to minimize. Isolating it enables clear measurement and intentional scaling.AEDT (Automated Employment Decision Tool)Any software that scores, ranks, or classifies candidates in a way that substantially assists a hiring decision. The legal trigger term in NYC Local Law 144.AI exclusionInsurance policy language that removes coverage for AI-related claims.