Concept

Sequestration of assets

Properties

SES ID
  • 92970
Notation
  • 92970
In scheme
Broader
Related
Scope note
  • For material on the freezing of funds e.g. with terrorism, use Freezing of assets. Only use in conjunction with Terrorism if this process is proven to have happened - tends to be a phrase used inexactly, particularly in PQs.
Definition
  • The legal procedure for the seizure of assets in the case of bankruptcy or insolvency.