LOCK-UP OPTION

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does lock-up option mean? 

• LOCK-UP OPTION (noun)
  The noun LOCK-UP OPTION has 1 sense:

1. an option to buy the crown jewels offered to a white knight in order to forestall a hostile takeover

  Familiarity information: LOCK-UP OPTION used as a noun is very rare.

 Dictionary entry details 

• LOCK-UP OPTION (noun)

Sense 1

Meaning:

An option to buy the crown jewels offered to a white knight in order to forestall a hostile takeover

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("lock-up option" is a kind of...):

option (the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited)