Asset Freeze

An asset freeze is a government or authority action that prevents an individual or entity from accessing, transferring, or using their financial assets, such as bank accounts, investments, or property. This measure is typically implemented to restrict resources linked to illegal activities, sanctions, or security concerns. While the assets remain legally owned, the freeze ensures they cannot be moved or utilized until the restriction is lifted. Essentially, it temporarily locks financial assets to prevent their misuse or concealment during investigations or enforcement actions.