lock-in
Definition from Wiktionary, the free dictionary
[edit] English
[edit] Noun
- Alternative spelling of lock in.
- (UK) An illegal but widely-tolerated invitation-only gathering in a British pub or ale-house, after the end of licensing hours, to allow regular customers the opportunity to enjoy further drinking time.
- (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.