frozen accounts

Legally restricted money

Frozen accounts are bank accounts or financial assets that have been temporarily blocked, preventing the holder from making withdrawals or transfers.

Governments freeze accounts to enforce sanctions, investigate fraud, or collect unpaid taxes.

Courts may freeze accounts during divorce proceedings or lawsuits.

The Treasury Department froze the accounts of suspected money launderers.

Until unfrozen, the funds remain visible but inaccessible.

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liquid assets · accessible funds · working capital · cash on hand

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