We should have discussed our pending litigation, but no one wanted to talk about the elephant in the room.  What does 'elephant in the room' mean?

An obvious issue that everyone is aware of but no one wants to discuss

If we want to stay ahead of the pack, we'll have to increase our R&D budget.  What does ahead of the pack mean?

To be more successful (than the competition).

The directors have decided to pull the plug on the project to expand into the Asian market.  What does 'pull the plug' mean?

To stop a project, often because it's failing in some way

Amazon has more or less cornered the market in online retail.  What does 'corner the market' mean?
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Quiz - 4

'I'd love to hire extra staff, but my hands are tied by the current financial regulations.  What does 'hands are tied' mean?

To be unable to help/act  because of some restriction