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He is suspected of money laundering, and has asked the court to allow the release of frozen assets for funding legal advice to challenge the order.
A house is a frozen asset because it does not yield cash income to the owner.
Financial and business terms. 2012.
frozen asset — noun : an asset that cannot readily be turned into cash without heavy loss … Useful english dictionary
asset — anything of worth that is owned. The assets of a business are money in the bank, accounts receivable, securities held in the name of the business, property or buildings, equipment, fixtures, merchandise for sale or being made, supplies and all… … Financial and business terms
Asset — Any possession that has value in an exchange. The New York Times Financial Glossary * * * asset as‧set [ˈæset] noun [countable] ACCOUNTING FINANCE something belonging to an individual or a business that has value or the power to earn money: • The … Financial and business terms
asset — noun 1 useful person/thing ADJECTIVE ▪ big, considerable, great, important, invaluable, precious, priceless, real, tremendous, useful … Collocations dictionary
frozen — fro•zen [[t]ˈfroʊ zən[/t]] v. 1) pp. of freeze 2) turned into ice 3) covered with ice, as a stream 4) frigid; very cold 5) obstructed by ice, as pipes 6) chilly or cold in manner; unfeeling: a frozen stare[/ex] 7) coo preserved by quick freezing … From formal English to slang
asset — n 1. good quality, qualification, strength, virtue, power, talent, endowment, boon, blessing; resource, help, aid, benefit; boost, edge, advantage, plus, strong point, talking point, selling point. 2. possession, holding, item of property. 3.… … A Note on the Style of the synonym finder
12 Miles of Bad Road — is a television show originally created for HBO cite news first =Devin last =Gordon coauthors =Johnnie L. Roberts date= 2007 05 21 title =A Whacking Leaves HBO in Crisis work =Newsweek accessdate=2008 04 19 url =http://www.newsweek.com/id/34756 ] … Wikipedia
virginity — I (Roget s IV) n. Syn. maidenhood, girlhood, spinsterhood, celibacy; see chastity , virtue 1 . II (Roget s 3 Superthesaurus) n. chastity, celibacy, purity, maidenhood, innocence, virtue, modesty, continence, abstinence. A frozen asset. Clare… … English dictionary for students
Late-2000s financial crisis — The TED spread (in red) increased significantly during the financial crisis, reflecting an increase in perceived credit risk … Wikipedia
assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… … Black's law dictionary
