lock-up agreement


An agreement between company insiders and the investment bank underwriting the company's public offering of shares that restricts transactions in their share holdings for a specific period of time, usually six months to a year. Lock-up agreements must be disclosed in registration filings and are required under the states' blue-sky laws.

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
lockout period lock-up option