Definition of “freeze” - Learner’s Dictionary

freeze

noun uk us /friːz/
LEVEL [ C ]

a situation in which the level of something such as a price or rate is fixed so that it does not increase:

a pay freeze
PROCESS [ C ]

a situation in which a process is stopped for a period of time:

There was an immediate freeze on all new building in the city.
COLD [ no plural ] informal

(Definition of “freeze noun” from the Cambridge Learner's Dictionary © Cambridge University Press)