This is a metaphor based on the card-game poker. It means there are things that are possible to increase your odds of winning a given situation, but even with a perfect decision-making every situation is not always winnable because of other factors out of your control.
Example: We lost the deal. It was like a hand of poker.
Jargonism is a Business English dictionary. You can learn about words and phrases that are commonly used in the workplace like Circle Back, Thought Leader, and Offsite. We also have a Word of the Day, which is a daily Business English vocabulary word that is commonly used in the workplace.
On this site, we also have templates on how to communicate effectively at work, such as requesting PTO, declining a promotion, and taking a sick day.
Word: Close It Out
Definition: To mark something as completed.
Example: This task has been fixed, so let's close it out within the task tracker.