lockup

American  

[lok-uhp] / ˈlɒkˌʌp /

noun

1. a jail, especially a local one for temporary detention.

2. the act of locking up or the state of being locked up.

3. a temporary imprisonment or detention, as of suspects or prisoners.

4. a stock that has been held by an individual as a long-term investment, or that a brokerage firm is required by a regulation to hold for a certain period of time before it can be sold.

5. any investment or credit instrument, as a renewed loan, in which capital is tied up for a long time.

6. Printing.

   1. the entire body of type and cuts locked up in a chase preparatory to printing or platemaking.

   2. the act or procedure of locking up type and cuts in a chase.

7. Automotive. a sudden stopping of the rotation of a wheel.

8. British Informal. a rented locker, storage space, or garage.

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Etymology

Origin of lockup

First recorded in 1760–70; noun use of verb phrase lock up

Example Sentences

If convicted, Soofer could face up to 20 years in federal prison and as many as 17 years in state lockup, officials said.

From Los Angeles Times

Should these come to pass, it would still take a long time for the liquidity to reach LP pockets due to market constraints, such as the lockup period.

From The Wall Street Journal

Investors still found something to worry about: Circle’s IPO lockup period ended around the same time, leading to fear insiders would begin flooding the market with shares.

From Barron's

The settlement of the placement is expected to occur on Thursday, while the remaining shares held by Santander are subject to a 90-day lockup period, it added.

From The Wall Street Journal

“Perhaps he will find interesting ideas for plots among the shady characters he meets in the lockup,” she thought, but it left her feeling even sadder that Simon was not with them.

From Literature

Related Words

• penitentiary