Feature Freezes are when the development staff stops working on new feature code for the next software release, and they hand over their code for a final test and bug hunt.
If code doesn’t make the grade, then it’ll goes into the development hopper for the next version.
To celebrate the Feature Freeze for the summer release, the company rented a snow cone truck, and the staff all got brain freeze.
If sales pick up, good. Otherwise, the Feature Freeze for the winter release will coincide with an actual freeze, because management will shut down the heat to the building.