Business / Finance / Lock: Used in the context of general equities. Make a market both ways (bid and offer) either on the bid, offering, or an in-between price only. Locking on the offering occurs to attract a seller, since the trader is willing to pay (and ask) the offering side when others only ask it. Locking on the bid side attracts buyers for similar reasons. Typically, the sell side requires a plus tick to comply with short sale rules.
Lock Noun Synonyms: padlock, hasp, bolt, latch, bar, hook, clasp, catch
Lock Verb Synonyms: tress, curl, ringlet
Business / Human Resources (HR) / Lockout-Tagout Rule: An OSHA standard helping safeguard employees from hazardous energy while they are performing service or maintenance on machines and equipment. The standard identifies the practices and procedures nece MORE
Entertainment / Basketball / Shot Clock: A clock that limits the time a team with the ball has to shoot it. MORE