lock-in

lock-in — noun

1. a set period when you must keep your money in a particular investment or mortgag

1.名詞C1
釋義

a set period when you must keep your money in a particular investment or mortgage deal, and cannot withdraw or switch without paying a penalty.

例句

Nadia chose the savings bond despite its three-year lock-in.

noun used with a duration modifier

The mortgage offers a low rate, but it carries a five-year lock-in.

lock-in tied to a financial deal

同義詞
反義詞

文法句型

a lock-in of [duration]

lock-in period

用法筆記

Subject is usually a contract, account, or investment product, not a person. Often appears as 'lock-in period' or 'lock-in of [N years]'.

常見錯誤

I am in a lock-in with my bank.
My mortgage has a five-year lock-in.
💡the contract has the lock-in, not the person.

2. a night when a British pub closes its doors but lets the customers inside keep d

2.名詞C2
釋義

a night when a British pub closes its doors but lets the customers inside keep drinking past the legal closing time.

例句

The landlord nodded, and the regulars knew there would be a lock-in tonight.

informal British register

Yuki stayed for the lock-in after the Arsenal match ended at eleven.

同義詞

文法句型

have a lock-in

stay for a lock-in

用法筆記

Subject is the pub or a customer inside it. Distinguish from sense 1: this lock-in is a single evening event, while sense 1 is a long contractual period.

常見錯誤

There was a lock-in at the coffee shop.
There was a lock-in at the pub.
💡this sense applies to pubs serving alcohol, not other venues.

lock-in — phrasal verb