Sequestration vs Insolvency - What's the difference?
sequestration | insolvency |
The process or act of sequestering.
(medicine) Protective sequestration: quarantine measures to contain infection among the population.
The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; as, a merchant's insolvency.
Insufficiency to discharge all debts of the owner; as, the insolvency of an estate.
The condition of having more debts than assets.
As nouns the difference between sequestration and insolvency
is that sequestration is the process or act of sequestering while insolvency is the condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; as, a merchant's insolvency.sequestration
English
Noun
(en noun)- 1919 ,
- At that time there was no rigid sequestration on the islands, and lepers, if they chose, were allowed to go free.