In the context of Argentine financial history, 'corralito' is a slang term that refers to the economic measures taken in 2001, which almost completely froze bank accounts and forbade withdrawals from U.S. dollar-denominated accounts. In a broader context, it can refer to any situation where funds or assets are trapped or inaccessible due to government restrictions or financial institution policies.
Examples
- Spanish: Durante el corralito en Argentina, las personas no podían acceder a sus cuentas bancarias para retirar dinero.
- English: During the 'corralito' in Argentina, people were not able to access their bank accounts to withdraw money.