See Also: Lock or Lock-in - Motor Sports(gambling)
Lock Up - Motor Sports(gambling)
Lock Down - Motor Sports(gambling)
Bead Lock - Motor Sports(gambling)
Anti-Lock Brake System (Abs) - Motor Sports(gambling)
Hep-lock(health)
lock(2)(dictionary)
lock(3)(dictionary)
lock(4)(dictionary)
lock(5)(dictionary)

Lock or Lock-in - Motor Sports (gambling)


A commitment you obtain from a lender assuring you a particular interest rate for a definite time period. Protects you in case interest rates rise during the approval process, or between the time you apply for the loan and actually receive the money you have borrowed.