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open the books

reveal the inner workings of a project or company to a prospective new partner.
Anytime Mr Johnson wanted to open the books and initiate a new member, he, alone, didn't need the others' approval.
by coletto January 22, 2008
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open the books

American Mafia phrase that means when an LCN family opens up their rosters for recruitment, to bring in new made members.
Frankie, you've been on record for a while and you're a stand-up guy, so I'm gonna recommend you to the guy upstairs next time we open the books.
by Torelli_5150 May 20, 2023
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