lock-in

Definition
A commitment by a lender guaranteeing a specified interest rate for a specified period of time. also called rate lock.




lock-in is ...
... part of the
Lending & Credit subject.


Related Terms

stickiness -  More
LEAPS -  More
Long-Term Equity Anticipation Securities -  More
forward exchange transaction, ladder option


lock-in appears in the definitions of these other terms on BusinessDictionary.com

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