hip pocket 

"Hip pocketed" means keeping anything around for easy access.

A technician may keep a Swiss Army knife in their hip pocket, just in case.

It does imply the person carrying the thing has complete control of it, so if someone's in you hip pocket, it means they are in complete control of another person.

It's become popular in Hollywood for an agent to "hip pocket" an aspiring actor or writer.

The talent may say an agent is "hip pocketing" them. It's not the best or optimal professional relation, but as they say "something is better than nothing."

A producer sends a script to an agent, if the agent doesn't have a client that fits the role, he may give a "hip pocketed" actor the script, and a verbal guarantee that the script was authorized by the producer.

For a writer, it is reversed. You informally give an agents scripts. If a producer asks for a particular idea, the agent may give the producer the writer's script.

If the actor gets the role or the writer sells his script, they sign paperwork and become a client. If not, the agent may continue "hip pocketing" you, sticking to verbal agreements only.

It sucks to live in LA. I'm 30 years old, and agents keep hip pocketing me.

hip pocket by Kingdragonfly June 21, 2019

hip pocket 

A short informal period of instruction. Given on the spur of the moment. Corrects a deficiency.

The intent of this hip pocket class is not to make you all qualified to teach at a formal school.
Rather, it’s intent is to give you the skills to so that you can teach in a professional manner during these types of situations.

hip pocket by ViperX24 January 28, 2015

Hip Pocket Listing 

Off-MLS or silent market real estate listings sold on the private market made popular by the website www.HipPocketz.com.

They decided to list their home as a hip pocket listing to attract a more exclusive pool of buyers.

Hip Pocket Listing by Real Estate Word Smith June 2, 2015

hip-pocketed 

To be under another's control, usually through blackmail; to be in someone's hip pocket

After Jake knew Eric's secret, he was pretty much hip-pocketed

hip-pocketed by sattorah November 25, 2010