Green’s Dictionary of Slang

absquatulate v.

also absquotilate, absquotulate, obsquatulate
[pig Lat. based on SE abscond + squat + sfx -ulate; note John Mitchell Bonnell, ‘A manual of the art of prose composition: for the use of colleges and schools’ (1867): ‘absquatulate – to remove one’s residence away; as if squat were a Latin root, from which were formed squatulare and absquatulare’]
[19C] (orig. US)

1. of people or animals, to leave, to run away, to abscond.

2. of an object, to separate, to break away from.