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 ?
The first generation of Chinese BITs lack a clear definition of indirect expropriation. (21) First-generation BITs refer to expropriation as measures that have the effect of expropriation or nationalization.
He tweeted, "I have asked Secretary of State @SecPompeo to closely study the South Africa land and farm seizures and expropriations and the large-scale killing of farmers.
Hence, expropriation is made subject to the payment of compensation, "the amount of which and the time and manner of payment of which have either been agreed to by those affected or decided or approved by a court."
The court said the expropriation process should have been the jurisdiction of Office of the Solicitor General and not the provincial government of Camarines Sur.
Otherwise, the court's order of expropriation suffers from an intrinsic flaw because public use or purpose as an element of the government's lawful exercise of its right of expropriation is lacking.
The Expropriations Act, in conjunction with the Education Act, gives the TCDSB the statutory power to expropriate lands for the benefit of educational purposes, which is a public use (albeit a relatively narrow one).
The Cabinet issued an immediate expropriation order, which is normally only adopted at times when national security is at stake, on Jan.
Property owners who have not been compensated for expropriations have the right to secure court orders to seize state assets.
The somewhat foreboding term "expropriation" in Canada describes the right of the government (the Crown or one of its agencies) to legally I take real property (land), that is in private hands and apply it for a greater public use or benefit.
A guarantee of compensatation for expropriations may help in this regard by forcing governments to pay the costs of their actions.
OPEN AND HIDDEN EXPROPRIATION Preparations are currently underway in Berlin for a referendum on the expropriation of property owners, which is supported by the Left party and sections of the SPD and the Greens.