The American Heritage® Dictionary of the English Language, 4th Edition
n. A wrestling hold in which the opponent's arm is pulled behind the back and twisted upward.
n. Overwhelming dominance that is difficult if not impossible to overcome: "has preserved its hammerlock on the business largely because of its reputation for quality” ( Fortune).
n. A hold, in wrestling, in which an opponent's arm is twisted up behind his back; an armlock
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
n. a wrestling hold in which the opponent's arm is twisted up behind his back
Word Usage
"Brokers don't like the fact that the combined group will have a hammerlock on Europe's futures markets—which they say makes it tougher for newcomers and raises the specter of high fees."