Usually means: Mechanism securing interest rate automatically.
Definitions Related words Mentions
We found 10 dictionaries that define the word drop lock:

General (6 matching dictionaries)
  1. drop lock: Merriam-Webster
  2. drop lock: Collins English Dictionary
  3. drop lock: Dictionary.com
  4. drop lock: TheFreeDictionary.com
  5. drop lock: Longman Dictionary of Contemporary English
  6. drop lock: Wiktionary

Business (4 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Drop lock: Bloomberg Financial Glossary
  3. Drop Lock: Investopedia
  4. Drop lock: Financial dictionary

Definitions from Wiktionary (drop lock)

noun:  A kind of lock by which a short length of canal can be temporarily lowered while a boat passes under an obstruction such as a low bridge.

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