Budget Glossary Definition (English)
Sequester Defined
The following is in context to Budget, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"A sequester is the cancellation of budgetary resources provided by discretionary appropriations or direct spending legislation, following various procedures prescribed in law. A sequester may occur in response to a discretionary appropriation that causes a breach or in response to increases in the deficit resulting from the combined result of legislation affecting direct spending or receipts (referred to as a "pay-as-you-go" sequester)."
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Additional Sequester Definition Starting Points
The following links are listed in alphabetical order. Please note we cannot guarantee Sequester definitions are contextually accurate to Budget at third party websites.
