Definition of Sequestration
Sequestration
se·ques·tra·tion
Definition/Meaning
(noun)
The act of seizing or taking control of something, especially assets or funds.
e.g. The government's sequestration of the company's assets led to its bankruptcy.
(noun)
the action of forcibly taking legal possession of some asset or property until a debt has been settled;
e.g. The court ordered the sequestration of his property in the event that he refused to cooperate.
(noun)
the action of reducing government spending across all programs by a fixed percentage;
e.g. The government considered sequestration to bring national debt under control.
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