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Lock |
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Lock Used in the context of general equities. Make a market both ways (bid andoffer) either on the bid, offering, or an in-between price only. Locking on the offering occurs to attract a seller, since the trader is willing to pay (and ask) the offering side when others only ask it. Locking on the bid side attracts buyers for similar reasons. Typically, the sell side requires a plus tick to comply with short sale rules. |
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? Mentioned in | ? References in periodicals archive | |
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While theft will likely continue as long as many grades of scrap metal are at such high prices, Melton suggests that companies lock away any equipment or material in an enclosed facility as a preventative measure. Despite their commitment to lock away the savings to hire more cops, Los Angeles city officials have passed up clear chances to cut costs while approving salary hikes that have driven up payroll costs faster than revenue increases. One evening, she neglects to lock away a couple of family treasures--a bejeweled scepter and a crystal skull--and in the light of morning, she discovers the scepter has been stolen by her ne'er-do-well cousin. |
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