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LOCK-UP OPTION

Pronunciation (US): 

English dictionary: Word overview

LOCK-UP OPTION (noun)
  The noun LOCK-UP OPTION has 1 sense:

1. an option to buy the crown jewels offered to a white knight in order to forestall a hostile takeover

  Familiarity information: LOCK-UP OPTION used as a noun is very rare.


English dictionary: Word details


LOCK-UP OPTION (noun)


Sense 1lock-up option [BACK TO TOP]

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)


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"You scratch my back and I'll scratch yours."
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"Want the horse to be the best, also want the horse not to eat any hay."
(Chinese proverb)
"Bathe her and then look at her."
(Egyptian proverb)

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