Meaning of “lock-in” in the English Dictionary

"lock-in" in Business English

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lock-innoun [ C ]

uk /ˈlɒkɪn/ us /ˈlɑːk-/ UK informal PROPERTY, STOCK MARKET

a length of time during which you are not allowed to end a financial agreement:

Your new mortgage may have a long lock-in period.
There are no lock-ins with our financial products.

(Definition of “lock-in” from the Cambridge Business English Dictionary © Cambridge University Press)

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