freezefreeze1 /friːz/ verb (past tensepst froze /frəʊzfroʊz/, past participlepp frozen /ˈfrəʊzənˈfroʊ-/)1[transitiveT]COMMERCE if a government or company freezes prices, wages etc, they keep them at a particular levelThe company cut executive salaries by 10%, all remaining salaries were frozen.
The president froze fuel prices and set a ceiling on prices for basic foodstuffs.
2LAWBANKINGto legally prevent money in a bank from being taken out, property from being sold etc, for example because there is a disagreement concerning itA federal judge froze more than $20 million in FundAmerica bank accounts last Friday after several California investors sued Mr Edwards.
3[transitiveT]COMMERCE to stop an activity or a proposed activity for a period of timeThe airline froze hiring and instructed employees to reduce spending.
Mr Smith has frozen plans to develop the record company.
4[intransitiveI]computing if a computer or a computer screen freezes, the image on the screen will not change because of a problem with the computerMy computer froze and I had to reboot it.
→ see also frozen