administrative freeze

administrative freeze. Bankruptcy. The refusal by a debtor’s bank to permit withdrawals from the debtor’s bank account after the bank learns that the debtor has filed bankruptcy, usu. because the debtor owes money to the bank in addition to maintaining funds on deposit. [Cases: Bankruptcy 2678. C.J.S. Bankruptcy § 164.]

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词条贡献者

资深译员Lester，毕业于美国一流的高级翻译学院，专注翻译各种与复杂国际仲裁有关的法律文件。