Home
E-Mail
Latest

Lockin Financial Glossary

What is it? Since interest rates can change frequently, many lenders offer an interest rate lock-in that guarantees a specific interest rate if the loan is closed within a specific time.

Finance Term Definition Added By: David

The Lockin definition has been viewed 684 Time(s)!




Send To Friends!

If you'd like to send the Lockin definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Lockin. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Stock Symbol is A unique four- or five-letter symbol assigned to a Nasdaq security. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock.

Financial Term Grace Period is A period of time when no interest or fees accrue.

Financial Term Cash flow industry is The buying, selling, and brokering of privately held debt in the secondary marketplace; the marketplace where businesses and individuals get help managing their cash flow needs.

Financial Term Lessor is The party to a lease agreement who has legal or tax title to the equipment (in the case of a true tax lease), grants the lessee the right to use the equipment for the lease term and is entitled to receive the rental payments.

Financial Term Grant is A type of financial aid that does not have to be repaid; usually awarded on the basis of need, possibly combined with some skills or characteristics the student possesses. Also see Gift Aid.