tied-up money
noun phraseUK /ˌtaɪd ʌp ˈmʌni/
US /ˌtaɪd ʌp ˈmʌni/
Money that you cannot use right now because it is saved or stuck somewhere.
Her tied-up money is in a savings account for college.
RELATED WORDS
OTHER MEANINGS
2. Money placed in a long-term investment that is hard to sell quickly.
Most of his tied-up money is in real estate.
3. Money held by a business for a specific purpose and not free to spend.
The company's tied-up money went toward new equipment.
4. Money that must stay in a bank account for a set time.
The tied-up money earns extra interest if you leave it for a year.