The phrase "freezing of assets" is correct and can be used in written English.
You can use it when referring to the legal process of preventing assets from being accessed or used by a person or entity. For example, "The court ordered the freezing of assets owned by the corporation in order to repay creditors."
"There have been requests and there have been freezing of assets in Europe and elsewhere and we are activating the process, we are working with the World Bank and different partners".
If Iran still has not suspended uranium enrichment in a few weeks, the sanctions proposed by the United States and Europe would progress to a broader travel ban and freezing of assets for government members, a senior administration official said.
The United States has presented a resolution to the UN Security Council calling for the application of sanctions against Zimbabwe - an arms embargo, freezing of assets and a travel ban - and including an annex listing 14 individuals to be sanctioned, including Mr Mugabe and other politicians, the majority of whom are already included in the European list of sanctions adopted in 2002.
Sanctions could include the freezing of assets and a travel ban.
The planned freezing of assets would be the third such action since October.
Ultimately the sanctions of economic embargo and the freezing of assets in this country may be employed.
The House measure would target banks facilitating North Korea's nuclear program and authorize freezing of US assets of those directly linked to illicit North Korean activities.
Traditionally U.S. sanctions against individuals or groups involve a ban on travel to the United States and freezing of their assets in U.S. banks.
The UK Serious Fraud Office also said on Monday that it had frozen $23 million of assets as parts of a money laundering investigation with ties to Ukraine.
On Friday, the European Union decided to impose a travel ban and a freeze of assets of 14 Syrian officials, though Mr. Assad was excluded.
