See Also: Lockout(money)
lockout(dictionary)
lockout(encyclopedia)
lockout(dictionary)
Airbag Lockout Switch - Motor Sports(gambling)

lockout (iou)



lockout noun. M19.
[from lock out s.v. LOCK verb1.]
The exclusion of employees by their employer from their place of work until certain terms are agreed to. M19.
Electronics. The automatic temporary prevention of the operation or use of a relay or other device. Usu. attrib. E20.