sequestration

noun

Etymology: From Middle French sequestration, from Late Latin sequestrātiō, from Latin sequestrō (“sequester”).

1. The process or act of sequestering; a putting aside or separating.

   “the sequestration of juries”

   “In possession of ample property, it was not from motives of retrenchment he had quitted the frequented scenes of life; sequestration during the first months of marriage had been his choice, equally as that of his partner;[…]”

2. A budget cut resulting from a separation of funding mechanisms.

   “The company took a revenue hit when sequestration dried up some of its best contracts.”