Meaning of lockaway | Babel Free

Definitions

A long-term investment to be left alone until some future time.

Examples

“For the investor, the indications are that the shares of soundly managed important airframe makers are the best current aircraft industry buys for long term lockaways.”

“He thinks investment trusts should be viewed as long-term lockaways, which can be held almost indefinitely, so he steers clear of more aggressively managed trusts.”

CEFR level