open the kimono
Also found in: Idioms.
open the kimono
A slang expression used to describe revealing all one's financial and other confidential information to a suitor who has expressed an interest in purchasing a company or some of its assets.The danger, of course, is gauging whether the suitor is serious or merely engaging in a spectator sport.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.