account hold
Definition
Restriction placed by a bank (or by some other competent authority) on an account holder's ability to access his or her funds. This may happen when the balance in the account is pledged as a collateral, or when tax authorities or a court order places a lien on it. See also check hold.
News containing the term account hold
Loading...
http://www.businessdictionary.com/definition/account-hold.html
