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Sequestration
The act of taking away the property of a person from his possession under the process of law, for the benefits of a creditor or state. A sequestration can be voluntary, if the person deposits the property by his own will, or it can be involuntary, if authorities seize the property. Such an act is done when the ownership of property in under dispute and a verdict is being awaited.
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- Part of Speech: noun
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- Category: General law
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