lockup
C2CEFR level
75/100Rarity: rare
TechnicalRegister
A contractual period after a listing or acquisition during which major shareholders are barred from selling their shares.
Founders agreed to a twelve-month lockup so the IPO price would not be undermined by early selling.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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