snaffle

Short definition from Wiktionary

Noun

1. 1
   A broad-mouthed, loose-ringed bit (metal in a horse's mouth). It brings pressure to bear on the tongue and the corners of the mouth, and is often used as a training bit.
2. 2
   Decorative wear that looks like a snaffle.

Verb

1. 1
   To put a snaffle on, or control with a snaffle.
2. 2
   To clutch by the bridle.
3. 3
   To grab or seize; to snap up.
4. 4
   To purloin, or obtain by devious means.
5. 5
   To talk foolishly.