frozen asset Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “frozen asset” in the English Dictionary

"frozen asset" in Business English

See all translations

frozen assetnoun [C]

uk   us  
FINANCE, LAW an ​asset that cannot be ​sold because of a ​government or ​courtorder: He is ​suspected of ​moneylaundering, and has ​asked the ​court to ​allow the ​release of ​frozenassets for ​fundinglegaladvice to ​challenge the ​order.
FINANCE an ​asset that does not ​produceincome: A ​house is a ​frozenasset because it does not ​yieldcashincome to the ​owner.
(Definition of frozen asset from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of frozen asset?
Add Cambridge dictionaries to your browser to your website

“frozen asset” in Business English

Word of the Day


a performer who entertains people by seeming to swallow flames

Word of the Day

by Colin McIntosh,
February 09, 2016
New words are entering the language all the time. A few of these are completely new and original coinages, but the vast majority are based on the existing stock of words in some way, for example by using affixes (prefixes and suffixes). These can have the effect of changing the meaning of the

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More