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English definition of “lock-up”

lock-up

noun [C] (also lockup)
 
 
STOCK MARKET an agreement or period of time during which someone cannot get back the money they have invested: The moment the lock-up ended, the company's founders sold as much stock as they could get away with.lock-up agreement/provision/arrangement Management were barred from selling shares under the terms of a lock-up agreement until 12 July. Some eurobonds have a lockup period of 90 days before they can be sold.
UK a building used for storing things safely: He stores the goods in a lock-up he rents near the market.
(Definition of lock-up from the Cambridge Business English Dictionary © Cambridge University Press)
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