| 单词 | blocked account |
| 释义 | blocked account 1) A bank account from which money cannot be withdrawn, for any of a number of reasons, of which the most likely is that the affairs of the holder of the account are in the hands of a receiver owing to bankruptcy (or liquidation in the case of a company). 2) A bank account held by an exporter of goods in another country into which the proceeds of the sale of the goods have been paid but from which they cannot be transferred to the exporter's own country. This is usuly a result of a government order, when that government is so short of foreign currency that it has to block all accounts that require the use of a foreign currency. |
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