›[T]To freeze something such as pay or prices is to fix them at a particular level and not allow any increases: The government has frozen pensions until the end of next year.Value and price decreasesNot able to be changedKeeping and staying the same›[T]to officially and legally prevent money or property from being used or moved: When it was obvious the company was going bankrupt, the government ordered all their assets to be frozen.Value and price decreases