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Meaning of lock in

Source language: EnglishDictionary language: English

lock in

verb

Definitions

  1. To secure (someone or something) in a locked enclosure.

  2. To fix the value of something potentially variable.

    Example: I've locked in a rate of 5%.

noun

Definitions

  1. A sleepover party, usually held in a public place such as a church or school, in which the participants are not allowed to leave until the next morning.

    Example: The youth group will have their annual lock-in this weekend.

  2. An illegal but widely-tolerated invitation-only gathering in a British pub, after the end of licensing hours, to allow regular customers the opportunity to enjoy further drinking time.

  3. A situation in which members of an industry have agreed to adopt a certain standard and have retooled their production to meet this standard, thus making it very costly to change to a different standard.