hold (something) close to (one's)/the vest

To keep one's plans, intentions, or tactics secret from everyone else. Refers to holding one's playing cards close to one's chest in a card game, so as not to allow other players to see one's hand. We're all curious about what the boss has been discussing in those meetings with the lawyers, but she's holding everything close to her vest. Sorry for not being more straightforward about my plans, but I'm holding them close to my vest for the time being. I'd hold my ideas close to my vest, if I were you. I certainly don't trust anyone at that company.

keep (one's) cards close to (one's) vest

To keep one's plans, intentions, or tactics secret from everyone else. Refers to holding one's playing cards close to one's chest in a card game, so as not to allow other players to see one's hand. We're all curious about what the boss has been discussing in those meetings with the lawyers, but she's keeping her cards close to her vest. Sorry for not being more straightforward about my plans, but I'm keeping my cards close to my vest for the time being.

play (one's) cards close to (one's) vest

To keep one's plans, intentions, or tactics secret from everyone else. Refers to holding one's playing cards close to one's vest in a card game, so as not to allow other players to see one's hand. We're all curious about what the boss has been discussing in those meetings with the lawyers, but she's playing her cards close to her vest. Sorry for not being more straightforward about my plans, but I'm playing my cards close to my vest for the time being.

play (something) close to (one's)/the vest

To keep one's plans, intentions, or tactics secret from everyone else. Refers to holding one's playing cards close to one's chest in a card game, so as not to allow other players to see one's hand. We're all curious about what the boss has been discussing in those meetings with the lawyers, but she's playing it close to her vest. Sorry for not being more straightforward about my plans, but I'm playing it close to my vest for the time being.

sleeves from (one's) vest

Something that is actually useless or non-existent. You can't just give them the sleeves from your vest—you need to make a real concession here so they agree to your offer.

vest (one) with (something)

To grant or endow something, such as power, rights, control, etc., to some specific person or group. Don't you think you've vested the supervisors of each department with a bit too much autonomy? The state has vested me with the power to unite two people in matrimony, a privilege that I do not take lightly. I'm vesting my granddaughter, Sophia, control over my entire fortune.

See also: vest

vest (something) in (someone or something)

To grant, place, or endow something, such as power, rights, control, etc., under the authority of some specific person or group. Often used in passive constructions. Don't you think you've vested a bit too much autonomy in your supervisors? By the powers vested in me by the state of Wyoming, I grant you husband and wife! I'm vesting control over my fortune in my granddaughter, Sophia.

See also: vest

vest buster

A handgun cartridge that is able to fully penetrate a bulletproof vest. I think we're in trouble here, fellas—that bullet they fired is a well-known vest buster.

play one's cards close to one's chest

and play one's cards close to one's vest; keep one's cards close to one's chest; keep one's cards close to one's vest

Fig. to keep to oneself or be very cautious in one's dealing with people. (As if one were playing cards and not permitting anyone to see any of the cards.) He is very cautious. He plays his cards close to his chest. You seem to be playing your cards close to your vest.

vest someone with something

to grant power, rights, or ownership to someone. Who vested you with the power to order me around? The dictator vested himself with the power to imprison almost anyone.

See also: vest

vest something in someone or something

to grant sole power or control over something to someone or some group. The king vested all the military power in his own hands. The constitution vests the power to tax in the legislature.

See also: vest

play your cards close to your chest

mainly BRITISH or

play your cards close to the vest

AMERICAN

If you play your cards close to your chest, you do not tell anyone about your plans or thoughts. Williams is playing his cards close to his chest, especially in terms of his driver line-up for next season. He plays his cards very close to the vest, leaving some attorneys with whom he's worked to describe him as secretive and manipulative. Note: You can also say that someone keeps their cards close to their chest or keeps their cards close to the vest. The Prime Minister was said yesterday to be keeping his cards close to his chest after an informal discussion at cabinet on Thursday. Note: Other nouns are sometimes used instead of cards. Taylor kept his thoughts close to his chest, saying only: `I'm not prepared to comment.' I have no inside information — Dave's playing this one close to his chest. The military's playing this whole operation pretty close to the vest — they generally don't like to talk about future operations. Note: This is a reference to card-players holding their cards close to their chest so that nobody else can see them.

vest in

To place something, such as authority, property, or rights, in the control of someone or some group: I vested my estate in my son. The judge is very conscientious about the duties and responsibilities that are vested in her.

See also: vest

vest with

To invest or endow someone or some group with something, such as power or rights: The company vests its employees with full pension rights after five years of service. The council is vested with broad powers.

See also: vest

vest

1. n. an important businessman or businesswoman. (see also suit.) Some vest jumped out the window this afternoon.

2. n. a bullet-proof vest. The cop wasn’t wearing a vest, and the shot killed him.

See also:

References in periodicals archive

Vesting schedule: 100% upon enrollment (one year of service required).

Savings with a twist

The FASB encourages recognizing $13,800 of expense, and the related income-tax effect, each year for the two-year vesting period.

Taking stock of Statement 123

While the FASB has addressed the forfeiture provision attributable to vesting by valuing only the options expected to vest, it hasn't considered the most interesting limitation, which says the executive can't exercise the option during the vesting period.

What's the right Black-Scholes value?

Since you are pre-funding a benefit that they expect to get in the future, they see a moral, if not a legal, vesting.

How to meet your OPEB obligation

The vesting period is less than a year and, therefore, Harry should be able to meet the vesting conditions.

Receipt of a conditional partnership interest for services

A DCA (other than an excess benefit plan) formally funded by a trust or other funding vehicle has to comply with minimum vesting and other burdensome Title I ERISA requirements.

Nonqualified deferred compensation agreements: tax and ERISA requirements

Also, these restricted stock unit awards were all granted as inducements material to the company's new employees under NASDAQ Listing Rule 5635 (c) (4), Shutterfly Inc said adding that the right to receive up to 27,822 of the shares is subject to some performance-based milestones being met on or before the vesting commencement date and vesting of all of the awards is subject to each employee remaining employed through each vesting date.

Shutterfly's board grants inducement awards under Nasdaq Listing Rule 5635 (c) (4)

In determining years of service for the vesting of matching contributions under Sec.

IRS Key District raises qualification issues

Riverbed said that each option was classified as a non-qualified stock option with an exercise price equal to the fair market value on the grant date, a seven-year term, vesting over four years with 25% vesting on the first anniversary of the applicable start date and then equal monthly amounts vesting over the next three years.

Riverbed Technology announces award of new inducement equity to non-officer employees

Consequently, by giving away only contingent interests that may have a negligible chance of vesting, the donor can increase the amount of wealth transferred free of tax.

Contingent beneficiaries and the annual gift tax exclusion

All of these stock options were granted on terms that include an exercise price equal to the closing price of the company's stock on the New York Stock Exchange on 24 January 2012, with a five-year term and vesting over four years with 25% of the shares vesting on the first anniversary of the grant date and the balance vesting monthly thereafter in 36 equal installments, subject to continued service through each applicable vesting date.

Salesforce.com announces equity award grants to new employees following acquisition of Model Metrics

Any special allocations should take into account the tax effects of the vesting of the interest as well as the earlier cash distribution.

Partnership interests subject to risk of forfeiture

Each option has been classified as a non-qualified stock option, has an exercise price equal to the fair market value on the grant date, has a ten-year term and vests over four years, with 25% vesting on the one-year anniversary of the individual's initial date of employment and an additional 2.0833% vesting each month thereafter until fully vested.

Blue Coat Systems awards stock options to new employees

Classified as a non-qualified stock option, each has an exercise price equal to the fair market value on the date granted, a ten year term which vests over four years and 25% vesting on the first anniversary of the employee's date of employment while another 2.0833% vesting each month after that until fully vested, Blue Coat said.

Blue Coat awards stock options as inducement to new employees