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lockaway. In DICTIOUS you will not only get to know all the dictionary meanings for the word
lockaway, but we will also tell you about its etymology, its characteristics and you will know how to say
lockaway in singular and plural. Everything you need to know about the word
lockaway you have here. The definition of the word
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English
Etymology
Deverbal from lock away.
Noun
lockaway (plural lockaways)
- (finance) A long-term investment to be left alone until some future time.
1955, Aircraft, volume 34, page 30: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.
1997, Investors Chronicle, volume 122, numbers 1548-1558, page 62: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.
See also