Definition of 'Open Kimono'
There are a number of reasons why people might choose to open kimono. Some people do it to be transparent with their financial situation, while others do it to make themselves more accountable. Still others do it to attract investors or potential business partners.
There are also a number of risks associated with open kimono. One risk is that people may be judged or ridiculed for their financial situation. Another risk is that people may be targeted by identity thieves or scammers.
Overall, open kimono is a personal decision that each individual must make for themselves. There are both benefits and risks associated with this practice, and it is important to weigh these carefully before making a decision.
In the context of financial markets, open kimono can also refer to the practice of publicly disclosing all of the information about a particular security or investment. This can include information such as the security's price, volume, and trading history.
The practice of open kimono can be beneficial for investors because it allows them to make more informed decisions about their investments. By having access to all of the information about a security, investors can better assess its risk and potential return.
However, there are also some risks associated with open kimono. One risk is that investors may be overwhelmed by the amount of information available. Another risk is that investors may be misled by inaccurate or incomplete information.
Overall, the practice of open kimono can be a valuable tool for investors, but it is important to be aware of the risks involved.
Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.
Is this definition wrong? Let us know by posting to the forum and we will correct it.