frozen account Definition

frozen account

Definition

A bank account whose funds may not be withdrawn until a lien is satisfied or an ownership dispute is resolved.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

frozen plan - More

Popular 'Banking' Terms

negotiable
letter of credit
bank draft
bank
commercial bank

account
overdraft protection
compound interest
overdraft
lockbox

frozen account in the news

Tools

frozen account is ...

... part of the Banking subject.

Nearby Terms

front money
front office
front running
front-end load
front-ending an order
frozen account
frozen plan
FTC
FTSE
fulfillment
full

Search volume for frozen account

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice