HyperDic: lock-up_option

English > 1 sense of the expression lock-up option:
NOUNpossessionlock-up optionan option to buy the crown jewels offered to a white knight in order to forestall a hostile takeover
English > lock-up option: 1 sense > noun 1, possession
MeaningAn option to buy the crown jewels offered to a white knight in order to forestall a hostile takeover.
BroaderoptionThe right to buy or sell property at an agreed price
Spanishopción de bloqueo

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