There isn't one built in but you could write your own quite easily:
(function($) {
$.fn.invisible = function() {
return this.each(function() {
$(this).css("visibility", "hidden");
});
};
$.fn.visible = function() {
return this.each(function() {
$(this).css("visibility", "visible");
});
};
}(jQuery));
You can then call this like so:
$("#someElem").invisible();
$("#someOther").visible();
Here's a working example.