Expropriation

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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. Sometimes referred to as nationalization.

Expropriation

The act of a government or, rarely, a private organization taking property away from its owner(s). Generally speaking, expropriation implies that the owner will be compensated for the loss, though not always at fair market value. Compensation does not always occur when citizens have little legal protection against government takeovers.

expropriation

The seizure of private property for public use by condemnation.

References in periodicals archive ?
international law covering foreign expropriations, namely the policy
The reality of foreign expropriations is that foreign countries can
As I demonstrated earlier, they may tend to over-invest if they are insulated from risk by a guarantee of compensated expropriations.
The expropriation of American property in Cuba was not the result of President John F Kennedy deciding not to buy Cuban sugar, as stated in a recent article in CubaNews.
87) With respect to crafting its expropriation standard, the proposed ASEAN-US FTA should select amongst language in the ASEAN-AU-NZ FTA and US-SG FTA to reflect the current state of the doctrine.
The law governing the procedure is entirely statutory and comes from both the Expropriations Act and the Education Act.
Contract notice: The contract is the provision of engineering services to the metropolitan water services (emshi) for managing the expropriation procedures necessary for the execution of construction projects, whose implementation intends to start during the term of contract with the following actions:
We appealed to the Council of State because national security is not at stake and therefore this kind of immediate expropriation scheme cannot be executed.
Keywords: Corporate governance, Small and medium-sized enterprises, Ownership structure, Expropriation, Minority shareholders
The opening chapter of Battleship Vieques argues that Germany's Caribbean submarine offensive in 1941-42 provoked a food crisis that triggered the PPD agrarian reforms as well as the expropriations in Vieques.
Property owners who have not been compensated for expropriations have the right to secure court orders to seize state assets.
Expropriation legislation sets qualifying conditions for expropriations and the procedures that must be followed.