Phrasal Verb - locking in

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Definition

1. To make a decision or commitment irreversibly, usually by signing a contract or taking some other formal action. 2. In financial markets, to buy a security at a fixed price in anticipation of future price increases, in order to protect against potential losses or to profit from a rising market.

Examples

No.	Example
1	They decided to lock in their rates before the interest rates went up.
2	The company locked in a long-term contract with the supplier to secure stable prices for raw materials.
3	Investors often lock in their profits by selling their stocks when they reach a certain price.
4	After months of deliberation, the board finally locked in the new CEO.
5	The airline passenger was able to lock in a lower fare for her flight by booking early.
6	The real estate developer locked in a large land purchase to take advantage of a favorable market.
7	The stockbroker advised his clients to lock in their gains before the market closed.
8	The union negotiated a collective bargaining agreement that locked in wage increases for several years.
9	The insurance company offered its customers the option to lock in their premiums for a fixed term.
10	The investor locked in his losses by selling his stocks at a lower price than he had bought them.