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Alternative spelling of lock in.
(noun)
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An illegal but widely-tolerated invitation-only gathering in a British pub or ale-house, after the end of licensing hours, to allow regular customers the opportunity to enjoy further drinking time.
(noun)
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A situation in which members of an industry have agreed to adopt a certain standard and have retooled their production to meet this standard, thus making it very costly to change to a different standard.
(noun)
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