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Discover LudwigThe phrase "asset block" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or digital assets, referring to a collection or grouping of assets.
Example: "The company decided to consolidate its asset block to improve financial reporting and analysis."
Alternatives: "asset group" or "asset portfolio".
Exact(1)
Phil Corbett at RBS said: Speculation is likely to centre on Sinochem, which owns the other 50% of Gulfsands's main asset, Block 26 in Syria.
Similar(59)
Instead of reforming Ukraine, politicians have fought over power and assets, blocking each other's decisions.
Jeffrey Goldberg at Bloomberg quotes senior administration officials as saying that Sherman's delegation could unfreeze some of the $50 billion in Iranian assets blocked around the world.
Others that recently found their assets blocked by the widened Treasury campaign include Hamas and other Middle Eastern groups, as well as six groups connected to terrorism in Northern Ireland.
Banks have resisted taking losses on their remaining toxic assets, legacies of the crisis – those assets, blocking up the pipes, also constrain the banks' ability to lend.
The sheer value of the assets, blocked in just three days, speaks to the vastness of the holdings acquired by Colonel Qaddafi and the oil rich country in the four decades that the Libyan autocrat has held power.
The deal, due to be finalised by the end of June, aims to curb Iran's bomb-capable technology, while at the same time allowing Tehran quick access to bank accounts, oil markets and financial assets blocked by international sanctions.
Those added to the sanctions list will have their US assets blocked and US citizens are generally prohibited from doing business with them.
The sanctions come on top of those previously announced by the administration, which accounted for $32 billion in Libyan government assets blocked in the United States.
European officials argue that beyond the political and business interests in Europe are legal problems, because European governments lack the tools used by the Treasury Department under various American statutes to freeze assets or block transactions based on secret intelligence information.
The sanctions announced by the Trump administration Monday would freeze $7 billion in U.S.-based assets and block more than $11 billion in revenue from oil sales over the next year, White House national security adviser John Bolton told reporters.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com