The act of expropriating; the surrender of a claim to exclusive property; the act of depriving of ownership or proprietary rights.
is the taking of property or rights by governmental authority such as eminent domain, possibly including an emergency situation, such as taking a person's truck or bulldozer to build a levee during a flood. In such a case just compensation eventually must be paid to the owner, who can make a claim against the taker.
The government seizure of assets, typically without adequate compensation to the owners.
taking out of an owner's hands (especially taking property by public authority)
the act or process whereby private property is taken for public purpose or use, or the rights therein modified by a sovereignty or any entity vested within the necessary legal authority, e.g., where property is acquired under eminent domain
This is where the local authority needs a portion or the entire property for its use. The bank would require a letter from the customer and the local authority, and an assessment has to be done on the remaining security.
The seizure of private property by a foreign Government without just or reasonable compensation.
the taking of property into public ownership without compensation, such as the property of foreign investors or foreign industry in a nation
A specific type of political risk in which a government seizes foreign assets.
Taking of private property by the state for public use, with fair compensation to the owner, through the exercise of the right of eminent domain.
The act of confiscating private property for a public use by a legally constituted governing body. For example, property taken under eminent domain is expropriated.
The government's act of taking title to property owned by a private party without that party's consent under the authority of a law or statute, while paying compensation to the former owner.
Government's action in taking or modifying property rights in the exercise of sovereignty
The action of an expropriating body in taking a landowner's land without his or her consent, under legislation permitting the expropriating body to do that.
The act of taking over property or rights in property by a sovereign body or an authority vested with powers thereby.
The direct or indirect taking of private property interests by a foreign Government without compensation at fair market value.
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.
The right of a government to take private property for public use upon payment of its fair market value.
either the taking of private property by a state (or its agent) or the transfer of the power of management or control of a company to the state (" nationalization"); can be either lawful or unlawful. Generally, an expropriation is unlawful when it is discriminatory, not for a public purpose, or not accompanied by just compensation.
The right of government to take private property for public use, through court action known as condemnation. The Fifth Amendment to the United States Constitution allows the government to take private property if the taking is for a public use and the owner is "justly compensated" (usually, paid fair market value) for his or her loss. A public use is virtually anything that is sanctioned by a federal or state legislative body, but such uses may include roads, parks, reservoirs, schools, hospitals or other public buildings. Sometimes called expropriation.
A governmental taking or modification of an individual's property rights, usually by eminent domain.
Canada: the forced sale of land to a public authority. Synonymous to the USA doctrine of "eminent domain".
Expropriation is the act of removing control from the owner of an item of property. The term is used to both refer to acts by a government or by any group of people.