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English definition of “freeze”

freeze

verb (MONEY/PROPERTY)    /friːz/ (froze, frozen)
[T] To freeze something such as pay or prices is to fix it 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
(Definition of freeze verb (MONEY/PROPERTY) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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