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The term refers to [the culture] of leaving work at mid-day, to go to a nearby pub and have a dozen [alcoholic] drinks or shots, until the evening, before leaving for home. It is also considered common-practice to put the bill on [the Corporate] Credit Cards. The term originates in view of the exorbitant, careless, even behaviour usually characterised by bankers and traders, at the expense of their clients. It is also often called a Trader's Dozen.
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