Expropriation
Definition
- The forced sale of private property to the government or third party for public use, civil use, or economic development. When property is expropriated, the government, or the party purchasing the property, must give the citizen due monetary compensation. Land is commonly expropriated for use in new roads, railroads and public utilities. Also known as "eminent domain," "compulsory purchase," "resumption," or "compulsory acquisition."
Synonyms
annex, compulsory purchase, eminent domain, resumption, compulsory acquisition
Related Terms and Acronyms
- Annex — Definition,
- To add one thing onto another.
- Common Law (CL) — Acronym, Very Important,
- Traditional, unwritten law based on English custom.
➥ Laws developed by judges through court decisions and precedent. - Condemnation — Definition,
- The act of condemning (as land forfeited for public use) or judging by a government to be unfit for use.
- Consolidate — Definition,
- To merge multiple things into one single thing.