There are multiple definitions - click on the translation that matches your context.

(kamat vagy visszafizetés megkezdésének) rögzített időtartam(a)



lock in period


Definitions of lock in period


the time period during which a borrower may not start repaying a loan without paying penalties

Make sure you have time to send in your cancellation form to your current bank and avoid prepayment penalties should you refinance before the lock-in period is over.


the time period for which a lender has agreed with the borrower to hold a certain interest rate unchanged

Lenders that charge rate lock fees generally charge higher fees for longer lock-in periods.