释义 |
lockdown
lock·down L0221950 (lŏk′doun′)n.1. a. A protocol followed in an emergency that involves confining people in a secure place, such as the confinement of prison inmates in cells after a disturbance, or the locking of students and teachers in classrooms after a violent attack.b. A situation in which this protocol is undertaken.2. A facility, such as a prison, where people considered to be dangerous are locked inside living quarters or otherwise confined.lockdown (ˈlɒkˌdəʊn) n (Law) US a security measure in which those inside a building such as a prison, school, or hospital are required to remain confined in it for a time: many schools remained under lockdown yesterday. lock•down (ˈlɒkˌdaʊn) n. the confining of prisoners to their cells, as following a riot or other disturbance. [1970–75] ThesaurusNoun | 1. | lockdown - the act of confining prisoners to their cells (usually to regain control during a riot)internment, imprisonment - the act of confining someone in a prison (or as if in a prison) | TranslationsLockdown A status mandated by the security department of a facility during an emergency. During lockdown, all exits are manned and foot traffic is closely monitoredlockdown
lockdown (US) a security measure in which those inside a building such as a prison, school, or hospital are required to remain confined in it for a time.lockdown
Blackout PeriodThe period of time during which an employee may not make any changes to his/her employer-sponsored retirement plan. This usually occurs when the plan is being restructured or when administrative changes are being made. For example, a company may institute a blackout period if it is moving management of its retirement plans to a different brokerage. A blackout period normally lasts approximately 60 days. It is also called the lockdown.lockdown A prohibition against a firm's employees making changes in the asset composition of their retirement plan. Corporate officials may lock down a retirement plan during a period of administrative changes in the plan. Also called blackout period, quiet period.Case Study The term lockdown became a familiar component of the finance lexicon following Enron's bankruptcy on December 2, 2001. The company's management had locked down the employees' 401(k) retirement plan five weeks earlier on October 26, when Enron stock traded at a price of $15.40 per share. The lockdown was initially scheduled by directors in March 2001 to facilitate upcoming administrative changes in the retirement plan, a perfectly legal reason. Employees were notified in early October of the coming restriction on changes to the retirement plan. Unfortunately for Enron employees who chose to maintain most of their funds in Enron shares, the firm's stock price declined to $9.98 by the time the lockdown ended on November 13. Thus, employee investments in the firm's stock decreased by approximately 33% during the two-and-a-half-week lockdown period. Some employees claimed to have been misled with regard to the last day they were allowed to make changes to the retirement plan. Other critics claimed Enron's management had knowledge of the firm's severe financial difficulties and, as a result, had a fiduciary responsibility to the employees to postpone the lockdown until the news had been released. Many of the firm's employees maintained a substantial portion of their retirement funds in Enron stock, which by the end 2001 traded for less than $1 per share. The stock had traded above $80 per share early the same year.lockdown
Words related to lockdownnoun the act of confining prisoners to their cells (usually to regain control during a riot)Related Words |