lockup
- noun
- /ˈlɑːkʌp/
- After securing his tools in the lockup, he felt relieved knowing they were protected.
- asset lockup
- option lockup
- stock option lockup
Examples
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Mandatory lockup.
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Analytically, the deal protection effect is identical to the stock option lockups of the 1990s.
Academic text (2017) -
In the 1990s, stock option lockups were a common form of deal protection.
Academic text (2017) -
First thing you have to-- have to understand is that all vault lockups work on computers.
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We do not claim that asset lockups are present in a significant fraction of overall M&A deal volume.
Academic text (2017) -
Part III of this Article discusses how the Delaware courts should respond to the reemergence of asset lockups in transactional practice.
Academic text (2017) -
The museum has a special lockup where they keep valuable artifacts safe.
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The company installed a new lockup to safeguard important documents.
Synonyms
Fastening a door or container so others cannot open it
Fastening something so it does not move or fall
A blockage in a pipe or closing something with a lock
Antonyms
How Secure
Surface Forms
Morphology
Etymology
Lockup comes from the parts lock ('to close with a key') and up ('closed'), a simple phrase for putting something away safely. So, a lockup is the act of locking something to keep it safe.