FREEZE
freeze,n.1. A period when the government restricts or immobilizes certain commercial
activity.
credit freeze.A period when the government restricts bank-lending.
wage-and-price freeze.A period when the government forbids the increase of wages and
prices.
- A recapitalization of a closed corporation so that the value of its existing capital is
concentrated primarily in preferred stock rather than in common stock. • By freezing capital, the
owner can transfer the common stock to heirs without taxation while continuing to enjoy
preferred-stock income during the owner’s lifetime, while the common stock grows.
freeze,vb. 1. To cause to become fixed and unable to increase <to freeze interest rates> <to
freeze prices>.2. To make immobile by government mandate or banking action <to freeze
assets>.3. To cease physical movement, esp. when ordered by a law enforcement officer <the
police officer shouted at the suspect to freeze>.[Blacks Law 8th]