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Frozen Account
Source: Encyclopedia of Banking & Finance (9h Edition) by Charles J Woelfel
(We recommend this as work of authority.)

An account that has been suspended in payment until a court order or legal process once again makes the account available for withdrawal.  Generally, the account of a deceased person is frozen, pending the court order that grants disbursement authority to lawful owners or administrators of the account.  An account is frozen to protect and preserve existing assets until lawful owners can be identified.

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