FINANCE,LAWanassetthat cannot besoldbecause of agovernmentorcourtorder:He issuspectedofmoneylaundering, and hasaskedthecourttoallowthereleaseoffrozenassetsforfundinglegaladvicetochallengetheorder.FINANCEanassetthat does notproduceincome:Ahouseis afrozenassetbecause it does notyieldcashincometo theowner.(Definition offrozen assetfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesoffrozen asset
frozen assetIn addition, he violated court order by leaving the country and withdrawing frozen assets.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.They would later agree to accept $8 billion in frozen assets in exchange for the release of the hostages.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In order to gauge the necessity for this we must realise the extent of the interim relief available without regard to frozen assets.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0I know of no frozen assets in occupied territory which could be used for this purpose.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Charities are benefiting from the releasing of otherwise frozen assets.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0The only step in that direction will be the release of the £100 million of frozen assets, once the court has ruled how that money should be distributed among the schemes.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Undoubtedly their hidden resources and their frozen assets are very great.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/frozen-asset##