take legal possession of (assets) until a debt has been paid or other claims have been met:the power of courts to sequestrate the assets of unions take forcible possession of (something); confiscate:in November 1956 the property was sequestrated by the authorities legally place (the property of a bankrupt) in the hands of a trustee for division among the creditors: (as adjective sequestrated)a trustee in a sequestrated estate declare (someone) bankrupt:two more poll tax rebels were sequestrated