Three-Martini Lunch

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Three-Martini Lunch

A byword for an expensive lunch claimed as a tax deduction for business purposes. For example, a company may take a client out to lunch but spend more than it otherwise would because of the deduction. The presumed prevalence of three-martini lunches led to an alteration of the U.S. tax code making only half of business meals deductible.
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The days of ceremonial filling up on eight-ounces of red meat, bottles of red wine and huge slices of chocolate cake before passing out for 4-hours and waking up in a bloated daze have gone the way of the 3-martini lunch," said Adam Komack, Eos' Chief Lifestyle Officer.