|
|
Lock in |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Lock inAllows the borrower to be assured a given rate of interest for a mortgage. This usually involves paying a fee to the lender. Mortgage rates not "locked in" are subject to changing market conditions.Lock inTo ensure that an individual transacts all his or her business with a sole broker by providing superior services, such as accommodating block buy and sell needs or preparing excellent research (soft-dollar lock). This usually guarantees a certain volume of business.Lock in Similar MatchesBlock tradeBlock tradeA term used by the London Stock Exchange to denote that a transaction was reported using the block trade facility, which is: at least 75 times the Normal Market Size (NMS) for a security with an NMS of 2,000 sharesor above 50 times the NMS for a security with an NMS of 1,000 shares. i.e. a very large transaction. Block houseBlock houseBrokerage firms that help to find potential buyers or sellers of large block trades. Block traderBlock traderA dealer who will take a position in the block trades to accommodate customer buyers and sellers of blocks. See: Dealer, market maker, principal. Building blockBuilding blockSee stumbling block. Blocked currencyBlocked currencyA currency that is not freely convertible to other currencies due to exchange controls. Further Suggestionslocked inDrop lock Lock up CDs Locked in Blocked funds Lockup option Deadbolt lock Block list Block trade Locked market Block Lock out Rate lock Goldilocks economy Goldilocks economy Specialist block purchase and sale Block voting Stumbling block |
|
|
|