Lockaway
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Lockaway is a noun meaning (finance) A long-term investment to be left alone until some future time.
Meaning
(finance) A long-term investment to be left alone until some future time.
Example Sentences
He thinks investment trusts should be viewed as long-term lockaways, which can be held almost indefinitely, so he steers clear of more aggressively managed trusts.
For the investor, the indications are that the shares of soundly managed important airframe makers are the best current aircraft industry buys for long term lockaways.
Word Forms
- lockaways
Related Words
Related dictionary entries include long, lock-in, layaway, security, hold, holdback.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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