Definitions of "lockup"
  1. A designated area such as a cell or set of cells, typically situated in a courthouse or jail, where individuals are detained prior to attending a court hearing
  2. A strategy involving crafting an agreement with a trusted entity for the option to purchase a significant part of a company's assets, used as a deterrent against potential hostile takeover attempts
How to use "lockup" in a sentence
  1. After the arrest, the suspect was taken to the lockup waiting for his day in court.
  2. To protect their company, the board of directors decided to create a lockup agreement with their long-term business partner.
  3. The reported disturbances were traced back to the lockup, where some detainees had started a fight.

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