LOCKED-IN


Meaning of LOCKED-IN in English

Pronunciation: ' läkt- ' in

Function: adjective

Date: 1952

1 : not subject to adjustment : FIXED < locked-in interest rates>

2 : unable or unwilling to shift invested funds because of the tax effect of realizing capital gains

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.