| / English Dictionary |
LOCK-UP OPTION
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An option to buy the crown jewels offered to a white knight in order to forestall a hostile takeover
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("lock-up option" is a kind of...):
option (the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited)
YOU MAY ALSO LIKE
