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frozen asset

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frozen asset
An asset that may not be liquidated.


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Strategists say that fortunately the New York Federal Reserve was in a position to release immediately nearly $2 billion in frozen assets.
Just ask the families who have been battling State for years -- while the department protects its cache of frozen assets belonging to Saddam Hussein, the Iranian mullahs, and Muammar Qaddafi.
Treasury Department has frozen assets of 153 groups and individuals, including more than $5 million of the Holy Land Foundation's assets, a spokeswoman said.
 
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