Grunt Work

DEFINITION of 'Grunt Work'

An expression used to describe thankless and menial work. Grunt work can also refer to jobs that lack glamour and prestige or are boring and repetitive. This term may be derived from the slang term "grunts," which was used to describe low-ranking American soldiers during the Vietnam war.

BREAKING DOWN 'Grunt Work'

Despite its lowly status, grunt work is often an essential component to climbing the career ladder. On Wall Street, grunt work could entail combing through a company's financial records, looking for positive/negative developments or analyzing historical trading data in the hope of finding the perfect stop-limit order points.

RELATED TERMS
  1. Analyst

    A financial professional who has expertise in evaluating investments ...
  2. Belly Up

    A slang term used to describe the complete and abject failure ...
  3. Green Shoots

    A term used to describe signs of economic recovery or positive ...
  4. Woody

    Slang to describe when the market has a strong and quick upward ...
  5. Days Working Capital

    An accounting and finance term used to describe how many days ...
  6. Little Board

    A slang term primarily referring to the American Stock Exchange ...
Related Articles
  1. Economics

    Vietnam -- New Asian Hot Spot For Tech Investment

    Vietnam now has a rapidly expanding tech sector that's attracting investors from around the globe due to low business costs and highly skilled workers.
  2. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in Vietnam (VNM, FRN)

    Explore some of the best available exchange-traded funds that investors utilize to obtain exposure to the equities market in Vietnam.
  3. Stock Analysis

    The Death Of The Glamour Stock

    The market has started to realize that QE didn’t keep U.S. Treasury rates low. Instead it encouraged risk-seeking behavior in the global financial markets.
  4. Professionals

    Getting Your Foot In The Door

    Series 7 - Chapter 1: Getting Started
  5. Professionals

    Making It Big On Wall Street

    Read about some of the most glamorous Wall Street jobs and what it takes to land one.
  6. Entrepreneurship

    5. Working For Free

    If you like a little controversy with your career, check out these jobs.
  7. Retirement

    Retiring in Vietnam: The Pros and Cons

    Vietnam – with its natural beauty, welcoming locals and low cost of living – is worth a look as a retirement spot. Here are some pros and cons to consider.
  8. Retirement

    Retire In Vietnam With $200,000 Of Savings?

    An excellent retirement "buy" because English is spoken widely, the cost of living is compellingly low, and Americans are generally welcome.
  9. Professionals

    A Look At Entry-Level Careers In Finance

    Learn more about the career options that are available to you after you've obtained your finance degree.
  10. Professionals

    How To Land A Finance Job With A Bachelor's Degree

    Following these five tips will keep your resume out of the recycling bin.
RELATED FAQS
  1. How are Three White Soldiers patterns interpreted by analysts and traders?

    Understand the basics of the three white soldiers candlestick pattern and how this bullish reversal signal is interpreted ... Read Answer >>
  2. How effective is creating trade entries after spotting a Three White Soldiers pattern?

    Understand the basics of the three white soldiers pattern and what conditions are optimal for creating effective trade strategies ... Read Answer >>
  3. How did World War II impact European GDP?

    Understand the effect of World War II on the European gross domestic product and what foreign and domestic factors influenced ... Read Answer >>
  4. How do I build a profitable strategy when spotting a Three White Soldiers pattern?

    Learn a simple trading strategy implemented based on the bullish market reversal signal given by the three white soldiers ... Read Answer >>
  5. How do I implement a forex strategy when spotting a Three White Soldiers Pattern?

    Learn two variations, one aggressive, one more conservative, of a forex trading strategy that can be used with the three ... Read Answer >>
  6. How can I calculate funds from operation in Excel?

    Understand how the terms ''work in progress'' and ''work in process'' are used interchangeably to refer to items in the middle ... Read Answer >>
Hot Definitions
  1. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  2. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  3. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  4. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  5. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
  6. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
Trading Center