The phrase "cash freeze" refers to a situation where the flow or access to money is temporarily stopped or restricted. It means that you are not able to use or withdraw your money from a specific account or source. Full definition
Without the pupil premium, I suspect that the budget for schools would have been based on a per pupil cash freeze for the period up to 2015. (theguardian.com)
Resolution's chief economist Matthew Whittaker suggests the best way of targeting these households would be to undo planned cuts to universal credit set in motion by Hammond's predecessor George Osborne and to suspend the four - year cash freeze in working age benefits. (theguardian.com)
The Chancellor also told the House that even the Queen was doing her bit by agreeing to a one year cash freeze in the Civil List. (channel4.com)