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Lock-out

   Also found in: Hutchinson 0.01 sec.
Lock-out
With PAC bond CMO classes, the period before the PAC sinking fund becomes effective. With multifamily loans, the period of time during which prepayment is prohibited.


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They claim ADM, ostensibly one of Staley's competitors, is helping Staley fill orders during the lock-out.
According to Longbow Research analyst Christopher Olin, "The current employee lock-out has limited the company's abilities to ramp up RMI production levels and capitalize from favorable market trends.
 
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