Phrasal Verb - locking in
· 2 min read
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.Definition
- 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. |
