Home » Dictionary » share of wallet

share of wallet

share of wallet
 n.— «Customers with spare borrowing capacity, or those with a lot of their business elsewhere, can be targeted so that Westpac can satisfy more of their banking or asset management needs. In industry parlance, it’s called increasing your “share of wallet.” Of Westpac’s consumer customers, for example, only 65 per cent are classified as “revealed,” with 70 per cent or more of their business with the bank.» —“Westpac’s growth deposited at home” by Richard Gluyas News.com.au (Australia) Feb. 27, 2006. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Nurdle, Nerdle, Nodule

The word nurdle, sometimes spelled nerdle, can be used to denote various “small bits of things,” such as styrofoam packing material or detritus in one’s pockets. It may be related to the word nodule. Like thingamabob and whatsit...

Blessing Box (episode #1613)

Is there such a thing as a “neutral” accent, and if so what does it sound like? And that quirk in the way southern Californians talk about freeways. They’ll say things like take the 405 and get on the 8. Why the definite article...