frozen asset
noun[C]
ukusFINANCE,LAW
anassetthat cannot besoldbecause of agovernmentorcourtorder:
He issuspectedofmoneylaundering, and hasaskedthecourttoallowthereleaseoffrozenassetsforfundinglegaladvicetochallengetheorder.
FINANCE
anassetthat does notproduceincome:
Ahouseis afrozenassetbecause it does notyieldcashincometo theowner.