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The phrase "a lock-in" is correct and usable in written English.
It is typically used in contexts related to technology, business, or economics to describe a situation where a customer is unable to switch to a different provider or product due to various constraints.
Example: "The company's subscription model creates a lock-in effect, making it difficult for users to switch to competitors."
Alternatives: "a commitment" or "a binding agreement".
Exact(52)
The article describes a "lock-in effect".
Does this statement mean a lock-in?
RF absorption is measured using a lock-in amplifier.
This change is detected with a lock-in amplifier.
A balanced detector and a lock-in amplifier are used for phase sensitive detection purpose.
But with open-source software there was much less of a lock-in.
Similar(8)
"You have a lock in your home.
Smart is all but a lock in the N.B.A. draft.
"I wouldn't need a lock in town".Ms Roden's sect has one follower: herself.
You may also purchase a lock in the Recreation Center Office.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com