kilitli-in

listen to the pronunciation of kilitli-in
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locked-in
A hedged position that cannot be lifted without offsetting both sides of the hedge (spread) See Hedging Also refers to being caught in a limit price move
When used in reference to contributions, locked-in means that, in accordance with the provisions of the Pension Benefits Act, certain contributions required to be made by the member and the employer cannot be withdrawn as a lump-sum payment Contributions to this Pension Plan are locked-in if
Refers to pension plan funds that cannot be paid in cash The funds must be used to provide a life-time pension benefit
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