Daily Lock-In

Business, Legal & Accounting Glossary

Definition: Daily Lock-In


Daily Lock-In


Full Definition of Daily Lock-In


A guarantee in some financial products which tracks market value daily and will lock in future returns at any new high mark. For example, if a note was purchased with a guaranteed 5% return but at a later date the value of the underlying commodity raises to the equivalent of a 7% return, the new rate is locked-in and the note will pay out the higher 7% return at maturity.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/daily-lock-in/
Modern Language Association (MLA):
Daily Lock-In. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/daily-lock-in/.
Chicago Manual of Style (CMS):
Daily Lock-In. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/daily-lock-in/ (accessed: March 29, 2024).
American Psychological Association (APA):
Daily Lock-In. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/daily-lock-in/

Definition Sources


Definitions for Daily Lock-In are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.