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LSDefine

Simple English definitions for legal terms

freeze

Read a random definition: equity loan

A quick definition of freeze:

Freeze can mean different things depending on the context. It can refer to a time when the government stops certain activities like lending money or increasing prices. It can also mean a way to organize a company's ownership so that the owner can pass it on to their family without paying taxes. When we say we freeze something, it means we make it stay still and not move. This can happen when the police tell someone to stop moving or when the government stops someone from using their money or assets.

A more thorough explanation:

A freeze is a period when the government restricts or immobilizes certain commercial activity. This can happen in different ways:

  1. A credit freeze is when the government restricts bank-lending.
  2. A wage-and-price freeze is when the government forbids the increase of wages and prices.
  3. A recapitalization freeze is when the value of a closed corporation's existing capital is concentrated primarily in preferred stock rather than in common stock.

Freeze can also be a verb that means:

  1. To cause something to become fixed and unable to increase, such as interest rates or prices.
  2. To make something immobile by government mandate or banking action, such as assets.
  3. To cease physical movement, especially when ordered by a law enforcement officer.

Example 1: During the financial crisis of 2008, the government implemented a credit freeze to prevent banks from lending too much money and causing further economic damage.

Example 2: In the 1970s, the government implemented a wage-and-price freeze to combat inflation. This meant that companies could not raise prices or wages for a certain period of time.

Example 3: A business owner may use a recapitalization freeze to transfer common stock to heirs without taxation while continuing to enjoy preferred-stock income during their lifetime.

Example 4: When a police officer shouts at a suspect to freeze, they are ordering them to stop moving and stay still.

These examples illustrate how a freeze can be used in different contexts, such as in economics or law enforcement. In each case, a freeze is used to restrict or immobilize certain activity for a specific period of time.

free warren | freezee

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Trismegistus
14:57
me fuckin too buddy
jackfrost11770
14:57
Welcome to the gang tex it ain't fun :( we got this, I hope lmao. Vandy please don't give up on me
GodsPlanUltimately
14:57
@SplitterusClitterus: Currently -10 but -25 with windchill :c
14:57
ok i just got in im still UR erm errmmmmm yeah thats an R
lilypadfrog
14:57
what if there was a frog musician and they were called a frogstar? would this be cool or not really
im sorry texas i hope you get an a soon
GodsPlanUltimately
14:58
You can do it ฅ/ᐠ˶> ﻌ<˶ᐟ\ฅ
snow
14:58
tex youre already an insanely qualified applicant, but with a year of work experience there is not doubt in my mind you will not get HYS :)
@GodsPlanUltimately: nvm I wont complain againn
14:58
@lilypadfrog: One of my best friends has a project named rockstar1000
unless ur innside and warm
14:58
You can be frogstar1000
GodsPlanUltimately
14:59
@SplitterusClitterus: It's okay you can complain. I am currently indoors but I have class soon. At least I have a place to be warm in ฅ/ᐠ˶> ﻌ<˶ᐟ\ฅ
14:59
i knew i wasnt getting penn its ok
GodsPlanUltimately
14:59
You have gotten into some great schools too though
GodsPlanUltimately
14:59
There is still hope!
14:59
and NYU/CLS didnt come thru today
14:59
wave in one minute? jk but imagine
lil that would be cute yes also how tf am i out of messahes?!?!? (me after def sending over 15 messages) bruh i guess ill ttyguys later....also thank u god i like complainign about the cold,, i am v cold rn theres no hearing here,, chowie YES WAVE IN 1 MIN THEN IN 15 MIN
atwatodbit
15:00
has anyone who got into Penn today gotten login info or scholly information?
texaslawhopefully
15:00
thank you splitter and snow :)
lilypadfrog
15:00
@renard99: i was hoping you would say that
cumsock
15:00
Tex u dropped this 👑
GodsPlanUltimately
15:00
@cumsock: I second this statement
15:01
no emails
15:01
thirded
GodsPlanUltimately
15:03
Finding scholarships make me sad :c
15:04
who would win lsd hunger games
lilypadfrog
15:04
i still have cramps and no decisions
snow
15:04
bulb
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