locked-in

locked-in
I. \\ˈ ̷ ̷| ̷ ̷\ adjective
Etymology: from past participle of lock in
: unalterably fixed

a locked-in finish

II. adjective
: unable or unwilling to shift invested funds because of the tax effect of realizing capital gains

* * *

locked-in «LOKT IHN», adjective.
1. closed to outside influence or control; exclusive: »

a locked-in commercial enterprise.

2. a) (of an investor) holding on to securities, especially to avoid payment of high capital gains taxes. b) (of securities) not sold or traded on the market; static.

Useful english dictionary. 2012.

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