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Expropriation

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.03 sec.
Expropriation
The act of removing property from an owner.

Notes:
Typically, expropriation refers to the action of a government taking away a private business from its owners. This mainly occurs in countries where property laws are not concrete and well defined. Expropriation also occurs when there are legal implications.

Expropriation
The taking over of a company or project by the state, implying compensation will be paid. Nationalization.
Expropriation
The official seizure by a government of private property. Any government has the right to seize such property, according to international law, if prompt and adequate compensation is given.
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