lock-up option
Also found in: Thesaurus, Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Switch to new thesaurus
| Noun | 1. | lock-up option - an option to buy the crown jewels offered to a white knight in order to forestall a hostile takeover 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 |
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.