gridlock
n.
total stoppage of traffic at an intersection
Gridlock
Gridlock is a term describing an inability to move on a
transport network. The term originates from a situation possible in a grid network where intersections are blocked, prohibiting vehicles from moving through the intersection or backing up to an upstream intersection.The term gridlock is also widely used to describe high
traffic congestion with minimal flow (a "
traffic jam"), whether or not a blocked grid system is involved. By extension, the term has been applied to situations in other fields where flow is stalled by excess demand, or in which competing interests prevent progress.
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gridlock
Noun
1. a traffic jam so bad that no movement is possible
(hypernym) traffic jam, snarl-up
gridlock
A situation which can arise in a funds or securities transfer system when the failure of some transfer instructions to be executed (because the necessary funds or securities balances are unavailable) prevents a substantial number of other instructions from other participants being executed.
See also:
failed transaction queuing systemic risk
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gridlock