Concept information
Preferred term
blocked funds
Definition
- Blocked funds are capital assets or cash flows generated by a foreign project that cannot be transferred to another country because of restrictions imposed by the host government. Reasons for funds being blocked include political motives, criminal activity, trading violations, or exchange controls on foreign currencies. [Source: Encyclopedia of Business in Today's World; Blocked Funds]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/blocked_funds
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