The Checkout system locks an entry while it is being used or modified. It prevents multiple users from using or editing an entry at the same time.
It can be enabled for General, Session, Information, and Credential entries.
Administrators can Force Check in entries that are checked out by users. Select the Check Out entry and, in the top banner, click Force Check in.
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Select an entry.
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Click Check Out.

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Comment why you are checking out the entry.
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Optional: enable Automatic check in after a number of minutes.
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Click OK.

An information banner at the top of the entry and an icon in the navigation pane will appear to warn the users that this entry is checked out.
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In the navigation pane, select the checked out entry.
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Click Check In.

The Multiple checkouts setting in multiple users to check out and edit the same entries simultaneously. To do so, go into the properties of an entry, folder, or root and navigate to Security settings – Multiple checkouts.

OPTION DESCRIPTION Default (Inherited) Inherits by default the checkout setting from a parent. Inherited Inherits the checkout setting from a parent. Off Disables Multiple checkouts. Infinite Allows users to check out the same entry simultaneously without restriction. Custom Lets you define the maximum number of users who can check out an entry at the same time. Root Uses the Multiple checkouts defined on the root object only, ignoring intermediate parent.