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Lock
(redirected from lock down)

   Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
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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The 6-foot bear, first spotted in a residential area of Westlake Village early Thursday, created a stir in the community and prompted Westlake High School officials to lock down the campus.
A junior high school student in New Mexico caused a ruckus recently when he brought what looked like a large weapon into school, resulting in a lock down and armed snipers on rooftops.
A freeze would lock down a consumer's credit report, preventing anyone--including the consumer--from instantly opening new credit cards or taking out loans.
 
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