Financial

Three-Martini Lunch

Also found in: Idioms, Wikipedia.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive
While few indulge in a Don Draperesque three-martini lunch, the thought of a well-constructed Manhattan or Moscow Mule is appealing to the after-work or weekend imbiber.
After all, Lambert points out, the three-Martini lunch ubiquitous back then was followed by a sofa in the office and an afternoon to sleep it off.
A literary triptych, Three-Martini Lunch is a coming-of-age tale about three dreamers trying to break into the New York literary scene.
Carter condemned the practice of the three-martini lunch during his 1976 presidential campaign.
In my dad's day, it was the three-martini lunch. Maybe the new three-martini lunch is Google and Rubicon throwing these outrageous parties at trade shows.
For example, Ghezzi says she saw a company sued for damages when one of its staff members had a three-martini lunch and caused a car accident on the way back to work.
Cocktails have been part of our social history from Prohibition to the three-martini lunch.
In a world where the three-piece suit has been replaced by khakis, and the three-martini lunch has been replaced by working through lunch, the traditional realms of business and pleasure, work and relaxation, have been forced to meld into one big happy "work/life."
But a de minimis three-martini lunch? Is there a "private dinning room" exception that I've missed for these years?
Why has the three-martini lunch become as retrograde as the smoking jacket or the hoop skirt?
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.