英语词汇“lock-in period”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	lock-in period
释义	lock-in period Rate Lock An agreement between a mortgage bank and a potential borrower promising that that the bank will not change the proposed interest rate on a loan that has not been concluded for a certain period of time. The rate lock usually lasts for 60 days. lock-in period (1) The period of time during which a loan may not be prepaid.(2) The period of time during which a lender will guarantee a certain interest rate on a loan to be extended by it in the future.
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lock-in period