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AH020387 Posted 15 years ago
Vocabulary

Assets

What is the meaning of 'assets' in the phrase 'frozen assets'?
  

Top answer

Assets are any property of value (including cash, bank accounts, jewelry). Frozen assets are all property belonging to a person that is being blocked from use. A criminal may have his assets frozen so he is unable to flee with what may be stolen property.

  • Assets are any property of value (including cash, bank accounts, jewelry).
  • Frozen assets are all property belonging to a person that is being blocked from use.
  • A criminal may have his assets frozen so he is unable to flee with what may be stolen property.
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1 Answers
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Assets are any property of value (including cash, bank accounts, jewelry).
Frozen assets are all property belonging to a person that is being blocked from use. A criminal may have his assets frozen so he is unable to flee with what may be stolen property.

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