Blocked Assets
Definitions
- (n.) Assets subject to legal restrictions that prevent their transfer, withdrawal, or disposition, often due to sanctions, court orders, or regulatory measures.
The government froze the blocked assets of the sanctioned individual to prevent their use.
Forms
- blocked assets
Related terms
See also
Commentary
Blocked assets typically arise in international law and financial sanctions contexts; precise drafting should clarify the source and scope of the blocking order.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.