BNET Business Dictionary

Business Definition for: Blocked Account

  • a bank account from which funds cannot be withdrawn for any of a number of reasons, for example, bankruptcy proceedings, liquidation of a company, or government order when freezing foreign assets

Additional Resources

Arab aid to Palestinian Authority blocked: official
RAMALLAH, West Bank AFP — Aid pledged by Arab countries to the cash-starved Palestinian Authority has been held up, a senior Palestinian official said, blaming foreign opponents of the Hamas government. The funds had reached the Arab League, but their transfer to the authority's bank account had been blocked,...
Tags: Agence France-Presse, AMR Research, bank, Government, SOFTWARE
Research articles 2006-04-22
Chad threatens to halt oil production over row with World Bank
N'DJAMENA AFP — Chad will suspend oil production from April 18 unless it can recover funds that have been blocked by a British bank because of a dispute between N'Djamena and the World Bank, Human Rights Minister Abderamane Djasnabaille said. "The decision was approved by the cabinet this morning....
Tags: Agence France-Presse, Chad, Citigroup Inc., FINANCE, hospital, World Bank
Research articles 2006-04-14
Why Bad Things Happen to Good New Products
The article raises some questions like: why should promising products from highly respected companies fail despite clear evidence of market need, strong marketing support, and real enthusiasm and energy from salespeople. It is a question that has puzzled generations of product managers whose meteoric rise to corporate fame has been...
Tags: Product, Contact Solutions, Sales Strategy, Sales Force Management, Sales
White papers 2003-01-01
Bloggers Use Filtering to Fight Back Against PR Spam
In brief: Email filtering is now starting to be used by bloggers to block and delete PR spam before it even reaches the intended recipient There really haven't been many consequences to spamming journalists with unwanted PR pitches -- until now. ...
Tags: Agency, Blogger, Blogging, Corporate Communications, Internet, Jon Greer, Journalist, Marketing, Public Relations, Security, Spam, Spam And Phishing
Blog posts 2008-05-12
Intermedia.NET Launches First 1 Gigabyte Business-Class Email Plans; Leader in Microsoft Exchange Hosting Will End Era Of 100 MB Mailboxes
NEW YORK -- Intermedia.NET, the US leader in on-demand Microsoft Exchange hosting for small and medium businesses, announced the first 1 gigabyte business-class email plans. The company, which hosts over 100,000 business email accounts, aims to free users from the tyranny of "your account is full" messages, IT department threats,...
Tags: e-mail, leader, Microsoft Corp., Microsoft Exchange Server
Research articles 2006-06-02
Frank and Dodd: Bailout Naysayers Got Big Finance Industry Bucks
Frank and Dodd: Bailout Naysayers Got Big Finance Industry BucksRE: Frank and Dodd: Bailout Naysayers Got Big Finance Industry BucksBarney Frank has shown me nothing - especially not critical thinking - only crisp one liners on Bill Maher's show.DWRE: Frank and Dodd: Bailout Naysayers Got Big Finance Industry BucksDodd and...
Tags: Benefits, finance, Dodd, Bailout Naysayers, Big Finance Industry Bucks
Discussion threads 2008-09-23
Parmalat shares crash, key executive resigns
MILAN AFP ? Shares in distressed Italian food giant Parmalat crashed by 48.59 percent to 1.15 euros in early trading and were then suspended. Initially the share fell by 55 percent when trading was resumed Thursday after a suspension for the first three days of the week. On Friday...
Tags: Agence France-Presse, bondholder, FINANCE, Manufacturing, payment
Research articles 2003-12-11
NBA rookies put up the numbers
Carmelo Anthony of the Denver Nuggets and LeBron James of the Cleveland Cavaliers head an NBA rookie class that is the most productive in 10 years. Rookies account for 4.5% of the points, assists, steals, rebounds and blocked shots produced in the league through Sunday's games. If they maintain...
Tags: Games, league, NBA
Research articles 2004-04-13
Salmon: Senate Republicans like 'lunatics' running asylum
Conservatives Can't Understand Impeachment Trial Concessions One Republican senator, who wishes to remain anonymous, says Senate staff "errors" and backroom concessions by Senate Majority Leader Trent Lott (R.-Miss. account for a series of rules passed during the Senate impeachment trial that effectively blocked the House impeachment managers from calling the...
Tags: concession, Leadership, Republican, senator, U.S. Senate, witness
Research articles 1999-02-12
Finding room for low-power FM.
Find out if the airwaves over your town soon could be filled with chatter from religious groups, students and foreign language broadcasters. The FCC is making available a software program it has developed to identify frequencies for which low-power 100-watt and 1,000-watt stations could be located...
Tags: airwave, broadcaster, FCC, Government
Research articles 1999-03-15
High Tech Industry Scores Legislative Victory over Stock Options.
By Heather Fleming Phillips, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Jul. 16--WASHINGTON--The high tech industry scored an important legislative victory Monday as Senate Republicans blocked a vote on a proposal aimed at changing the way companies account for employee...
Tags: accounting, Benefits, FINANCE, Financial Accounting Standards Board, Investment, San Jose Mercury News, stock, U.S. Senate
Research articles 2002-07-16
Marval makes switch, puts Valero on investment dressing route. (Marval Import Corp.)
Marval makes switch, puts Valero on investment dressing route NEW YORK - In response to a market increasingly concerned with investment dressing, Marval Import Corp., manufacturer and importer of Martinez Valero footwear, has altered its fashion direction. Allan J. Cartun, general manager,...
Tags: Valero L.P.
Research articles 1990-01-29
Board gives nod despite bitter opposition.
Apr 07, 2003 (The Australian Financial Review - ABIX via COMTEX) Xstrata's bid for Australian miner, MIM, will be blocked if more than 25 of MIM's shareholders reject it. A MIM shareholders' meeting will be held in early June 2003 to vote on the...
Tags: BT Financial Group, Henderson Global Investors Ltd., Xstrata Plc.
Research articles 2003-04-08