blocked funds


blocked funds
Money that cannot be transferred to another country because of exchange controls

Accounting dictionary. 2014.

Look at other dictionaries:

  • blocked funds — cash flows generated by a foreign project that cannot be immediately repatriated to the parent company because of capital flow restrictions imposed by the host government. Bloomberg Financial Dictionary …   Financial and business terms

  • blocked — [blɒkt ǁ blɑːkt] adjective money that is blocked cannot be taken out of the country or changed into another currency: • The company managed to find a loophole to unblock its blocked money. • The funds are in blocked deposits at the Bank of New… …   Financial and business terms

  • Blocked Account — An account that is subject to foreign exchange controls in a country that restricts the amount of its currency that can be transferred to other countries or exchanged into other currencies. It can also refer to accounts that are frozen, either by …   Investment dictionary

  • blocked currency — A currency that cannot be removed from a country as a result of exchange controls Trading usually takes place in such currencies at a discount through brokers specializing in blocked currency trading, who convert it to other funds for importers… …   Big dictionary of business and management

  • Electronic funds transfer — or EFT refers to the computer based systems used to perform financial transactions electronically.The term is used for a number of different concepts: * Cardholder initiated transactions, where a cardholder makes use of a payment card * Direct… …   Wikipedia

  • Rudolf Max Littauer — (* 29. Oktober 1905 in Leipzig; † 8. Januar 2002 in Sarasota, Florida) war ein deutscher Rechtswissenschaftler und Rechtsanwalt in den USA. 1939 wurde er amerikanischer Staatsbürger. Inhaltsverzeichnis 1 Leben 2 Werke (Auswahl) …   Deutsch Wikipedia

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  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

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