Lock-in Definition

noun
Alternative spelling of lock in.
Wiktionary

(UK) An illegal but widely-tolerated invitation-only gathering in a British pub, after the end of licensing hours, to allow regular customers the opportunity to enjoy further drinking time.

Wiktionary

(law) A situation in which members of an industry have agreed to adopt a certain standard and have retooled their production to meet this standard, thus making it very costly to change to a different standard.

Wiktionary

A sleepover party, usually held in a public place such as a church or school, in which the participants are not allowed to leave until the next morning.

The youth group will have their annual lock-in this weekend.
Wiktionary
verb

To secure someone or something in a locked enclosure.

Wiktionary

To fix the value of something potentially variable.

I've locked in a rate of 5%
Wiktionary

Other Word Forms of Lock-in

Noun

Singular:
lock-in
Plural:
lock-ins

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