What is 'Open Kimono'

Open kimono means to reveal what is being planned or to share important information freely. Similar to ''open the books'' or an "open door policy," opening the kimono means revealing the inner workings of a project or company to an outside party. Also referred to as "open (up) one's kimono." Companies often keep internal projects a secret, especially if they feel it will create a competitive advantage. When companies partner together for synergy, divulging some of the interior workings of your business can build trust and create a deeper, more loyal relationship between the corporate leadership.

BREAKING DOWN 'Open Kimono'

The kimono is a traditional Japanese garment. There are conflicting etymologies for this phrase, but the one closest to its current business connotation is the idea of Japanese people loosening their kimonos to relax at home, much like loosening a tie. The term joined the business lexicon in the late 1980s during a period of increased global business interaction, most notably between Western and Japanese businesses.

RELATED TERMS
  1. Opening Cross

    A method used by the Nasdaq to determine the opening price for ...
  2. Open House

    An open house is a scheduled period of time in which a house ...
  3. Buy To Open

    A term used by many brokerages to represent the opening of a ...
  4. Opening Range

    The highest and lowest prices of a security during the first ...
  5. Sell To Open

    A phrase used by many brokerages to represent the opening of ...
  6. Open Order

    An open order is an order to buy or sell a security that remains ...
Related Articles
  1. Trading

    Options Trading Volume and Open Interest

    Learn how trading volume and open interest can give you an edge when trading options.
  2. Investing

    How to Predict Where the Market Will Open

    Find out how some indicators help investors predict the likely opening direction of stocks. Also, determine how international markets influence the open.
  3. Trading

    Forex: Gauging Forex Market Sentiment With Open Interest

    Examining open interest on currency futures can help you confirm the strength of a trend in forex market sentiment.
  4. Investing

    Opening Your First Brokerage Account

    Learn what steps you should take before you open your first brokerage account.
  5. Trading

    Eight Factors That Affect Daily Trades

    Find out which factors can help you squeeze more profit out of each position.
  6. Trading

    Day's First Trade Can Serve as Support/Resistance

    The first trade of the day defines a narrow price level that can act as support or resistance.
  7. Trading

    How To Use A European Open Forex Strategy

    Forex traders need to be aware of both price movements and the time of day. Learn FX strategies that incorporate these factors to maximize profits.
  8. Investing

    What The Market Open Tells You

    The first few moments of trading provide a lot of information. If a trader analyzes this information, it can give a lot of insight into the market's moves for the day.
  9. Investing

    NXP Semi Options: Exploring the Mystery of $110

    Options trading can make stocks act crazy with no news in the headlines. We examine the case of NXPI.
RELATED FAQS
  1. What is the difference between open interest and volume?

    Learn more about options, what options' volume and open interest are and the difference between volume and open interest ... Read Answer >>
  2. What is the difference between book value and carrying value

    Dig deeper into the definitions of carrying value and book value, and learn to differentiate between their various financial ... Read Answer >>
Hot Definitions
  1. Cryptocurrency

    A digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of ...
  2. Financial Industry Regulatory Authority - FINRA

    A regulatory body created after the merger of the National Association of Securities Dealers and the New York Stock Exchange's ...
  3. Initial Public Offering - IPO

    The first sale of stock by a private company to the public. IPOs are often issued by companies seeking the capital to expand ...
  4. Cost of Goods Sold - COGS

    Cost of goods sold (COGS) is the direct costs attributable to the production of the goods sold in a company.
  5. Profit and Loss Statement (P&L)

    A financial statement that summarizes the revenues, costs and expenses incurred during a specified period of time, usually ...
  6. Monte Carlo Simulation

    Monte Carlo simulations are used to model the probability of different outcomes in a process that cannot easily be predicted ...
Trading Center