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If you feel you've already developed a pretty good rapport with the prospect, go ahead and ask. You can actually make the prospect feel better about you because he'll enjoy having the chance to teach you something (and thus feel smarter). If you're having a tough time creating a connection with the prospect, you might be better off not saying anything. But in that case, write the word or phrase down and look it up later or ask a colleague what it means. Then you'll know what it means the next time you run across a technical-minded prospect.