1. (among salespeople) a ceremony, especially one accompanied by magic, feasting and dancing, performed for the good of the company, in an effort to make rain, shake the money trees and stir up some revenue.
2. a council or conference with clients, prospects or colleagues.
3. (among salespeople) a shaman or closer
4. Informal: Any conference or meeting (incl. Webex or Skype).
5. to hold a powwow.
6. Informal: to confer.
Origin: Proto-Algonquian *pawe-wa he who dreams BIG, one who derives his power from visions, returned calls and commission checks.