31 CFR 594.301 : Money And Finance: Treasury (§ 0.101 To Parts 1061-1099) — (Part 500 To Parts 1061-1099) — Regulations Relating To Money And Finance (Continued) (Part 500 To Parts 1061-1099) — Office Of Foreign Assets Control, Department Of The Treasury (Part 500 To Appendix A To Chapter V) — Global Terrorism Sanctions Regulations (§ 594.101 To § 594.901) — General Definitions (§ 594.301 To § 594.317) — Blocked account; blocked property.

The terms blocked account and blocked property shall mean any account or property subject to the prohibition in § 594.201 held in the name of a person whose property or interests in property are blocked pursuant to § 594.201(a), or in which such person has an interest, and with respect to which payments, transfers, exportations, withdrawals, or other dealings may not be made or effected except pursuant to an authorization or license from the Office of Foreign Assets Control expressly authorizing such action.