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Function and Lock

noun

  • Mathematics) a mathematical relation such that each element of a given set (the domain of the function) is associated with an element of another set (the range of the function. ()
  • What something is used for.
    • usage: "the function of an auger is to bore holes"; "ballet is beautiful but what use is it"
  • The actions and activities assigned to or required or expected of a person or group.
    • usage: "the function of a teacher"; "the government must do its part"; "play its role"
  • A relation such that one thing is dependent on another.
    • usage: "height is a function of age"; "price is a function of supply and demand"
  • A formal or official social gathering or ceremony.
    • usage: "it was a black-tie function"
  • A vaguely specified social event.
    • usage: "the party was quite an affair"; "an occasion arranged to honor the president"; "a seemingly endless round of social functions"
  • A set sequence of steps, part of larger computer program.

verb

  • Perform as expected when applied.
    • usage: "The washing machine won't go unless it's plugged in"; "Does this old car still run well"; "This old radio doesn't work anymore"
  • Serve a purpose, role, or function.
    • usage: "The tree stump serves as a table"; "The female students served as a control group"; "This table would serve very well"; "His freedom served him well"; "The table functions as a desk"
  • Perform duties attached to a particular office or place or function.
    • usage: "His wife officiated as his private secretary"

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.