An embargo is a lock and mainly has two meanings. 1) retention of assets by administrative or judicial warrant pending a trial. (2) the prohibition or suspension of the trade and transport of goods enacted by a Government. When a trade embargo is imposed, is impeding the transit of goods from one country to another. Therefore, hoisting or lifting an embargo means that this is over, that the prohibition or suspension has been eliminated.
The embargo is a retention of certain assets by a judicial authority to satisfy a debt. It is also the prohibition or suspension of business activities and transportation of a Government against any country. Lift an embargo means cancel or delete the retention, prohibition or suspension of goods or activities that had been foreclosed.