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Synonyms
Examples of lockup in a Sentence
the firm conviction that juvenile offenders should never be held in adult lockups
Recent Examples on the Web
But after Biden stepped aside, Trump Media stock tumbled, then sold off further last month as the end of the lockup period approached, allowing company insiders to sell their shares.
—Jason Ma, Fortune, 19 Oct. 2024
The former president, who owns around a 60% stake in Trump Media, has the option of selling his shares following the end of a lockup period last month which had prevented him from selling any part of his large share in the company.
—Antonio Pequeño Iv, Forbes, 15 Oct. 2024
That comes after the stock closed at $12.15 per share on Sept. 23 in the wake of the expiration of a six-month lockup period during which TMTG insiders were not allowed to sell their stock.
—Todd Spangler, Variety, 14 Oct. 2024
After the lockup period on Donald Trump’s shares came to an end Friday, shares of Trump Media — the company that owns the former president’s social media site, Truth Social — have slid to new lows.
—Rocio Fabbro, Quartz, 23 Sep. 2024
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Word History
First Known Use
1746, in the meaning defined at sense 1
Dictionary Entries Near lockup
Cite this Entry
“Lockup.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lockup. Accessed 8 Nov. 2024.
Kids Definition
lockup
noun
lock·up
-ˌəp
Legal Definition
lockup
noun
lock·up
1
: a cell or group of cells (as in a courthouse) or jail where persons are held prior to a court hearing compare house of correction, house of detention, jail, penitentiary, prison
2
: the tactic of arranging with a friendly party an option to buy a valuable portion of one's corporate assets in order to discourage a takeover by another party
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