Alley arcade, walk, steps, yard, terrace, and close. While both a court and close are usually defined as blind alleys, or "cul-de-sacs", several in London are throughways, for example Cavendish Court, a narrow passage leading from Houndsditch into Devonshire Square, and Angel Court, which links King Street and Pall Mall. Bartholomew Close is a narrow winding lane which can be called an alley by virtue of its narrowness, and because through-access requires the use of passages and courts between Little Britain, and Long Lane and Aldersgate Street. In an old neighbourhood of the City of London, Exchange Alley or Change Alley
Skin in the game (phrase) address the issue of front running and commingled funds (MF Global). Investment structures such as hedge funds, private equity, Trusts and mutual funds are legally limited to a minority investment positions or are done to create a tax efficient structure. Typically equity inputs by these fiduciaries are around 0.5–2%. Nassim Nicholas Taleb and Constantine Sandis have argued for skin in the game as a rational and ethical heuristic for all risk-taking. People also use the phrase "I don't have a dog in the fight". While obsolete and considered crude, since it references illegal dog fighting, the phrase can still be