Business / Taxes / Lock-Up Period: A lock-up period is the time during which you cannot sell an investment that you own. You are most likely to encounter a lock-up period if you acquire shares in an initial public offering (IPO) because you had a private equity investment in the company before it went public and receive shares in the IPO proportionate to your private equity ownership interest. You may also have a lock-up period if you are an owner or an employee of the company and are granted shares. The lock-up period may last as long as 180 days. In some cases, though, the lock-up period is graduated, meaning that after the initial 180 days you can sell an increasingly larger portion of your shares over the next two years. After the lock-up period ends, you are free to sell all your shares if you wish.
Period Noun Synonyms: interval, time, term, span, duration, spell, space, stretch, while, patch
Health / Dentistry / Periodontal: Relating to the tissue and bone that supports the tooth (from peri, meaning 'around,' and odont, 'tooth'). MORE
Health / Fitness / Periodization: A method of organizing a strength training workout program into several periods, each lasting about four weeks. Each phase has a different emphasis. MORE