Lock-In Period
A lock-in period is a specific duration during which an investor is restricted from selling or redeeming their investment. They are a feature common to certain types of investments like close-ended mutual funds, private equity investments, or retirement plans. A lock-in period aims to promote long-term investment, protect fund stability, or meet regulatory requirements. Investors must be aware of lock-in periods before investing to ensure their funds won't be inaccessible when needed.
