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Commit and Lock

verb

  • Perform an act, usually with a negative connotation.
    • usage: "perpetrate a crime"; "pull a bank robbery"
  • Give entirely to a specific person, activity, or cause.
    • usage: "She committed herself to the work of God"; "give one's talents to a good cause"; "consecrate your life to the church"
  • Cause to be admitted; of persons to an institution.
    • usage: "After the second episode, she had to be committed"; "he was committed to prison"
  • Confer a trust upon.
    • usage: "The messenger was entrusted with the general's secret"; "I commit my soul to God"
  • Make an investment.
    • usage: "Put money into bonds"
  • Engage in or perform.
    • usage: "practice safe sex"; "commit a random act of kindness"
(DoD) The process of committing one or more air interceptors or surface-to-air missiles for interception against a target track.

noun

  • A fastener fitted to a door or drawer to keep it firmly closed.
  • A strand or cluster of hair.
  • A mechanism that detonates the charge of a gun.
  • Enclosure consisting of a section of canal that can be closed to control the water level; used to raise or lower vessels that pass through it.
  • A restraint incorporated into the ignition switch to prevent the use of a vehicle by persons who do not have the key.
  • Any wrestling hold in which some part of the opponent's body is twisted or pressured.

verb

  • Fasten with a lock.
    • usage: "lock the bike to the fence"
  • Keep engaged.
    • usage: "engaged the gears"
  • Become rigid or immoveable.
    • usage: "The therapist noticed that the patient's knees tended to lock in this exercise"
  • Hold in a locking position.
    • usage: "He locked his hands around her neck"
  • Become engaged or intermeshed with one another.
    • usage: "They were locked in embrace"
  • Hold fast (in a certain state. )
    • usage: "He was locked in a laughing fit"
  • Place in a place where something cannot be removed or someone cannot escape.
    • usage: "The parents locked her daughter up for the weekend"; "She locked her jewels in the safe"
  • Pass by means through a lock in a waterway.
  • Build locks in order to facilitate the navigation of vessels. .

Lock is used in the context of general equities. Make a market both ways (bid andoffer) 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.