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"lock in sth" in Business English

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lock in sth

phrasal verb with lock uk   us   /lɒk/ verb
to get and ​keep an ​advantage such as a ​lowprice for something: People are ​rushing to ​purchase homes and ​lock in ​affordablemortgagerates before they ​increase.
be locked in a battle/struggle/dispute
to be involved in a disagreement in which the two ​sides have a lot of difficulty ​finding a ​solution: Butler is ​currently locked in a ​legaldispute with his ​formeremployers.
(Definition of lock in sth from the Cambridge Business English Dictionary © Cambridge University Press)
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“lock in sth” in Business English

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