expropriation

Cultural  

1. The taking over of private property by a government, often without fair compensation but usually with a legal assertion that the government has a right to do so.

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Example Sentences

The official decree declared the section to be of "public utility," citing an expropriation law stating such measures could only be taken in exchange for compensation.

From Reuters

Magomedov, 55, claims his 2018 arrest on the embezzlement charges had prompted what he says is a Russian state-supported expropriation scheme, largely for the benefit of Rosatom and Transneft, according to court filings.

From Reuters

Ms Munch disagrees with the expropriation plans because they include the centre of the village, encompassing the residents' homes and shared businesses including a restaurant, hotel, bakery, butchers and a dairy.

From BBC

They want the government to ensure that when the expropriation takes place, the indemnification payment is distributed amongst all residents and former residents.

From BBC

Conoco, which is seeking to collect $1.3 billion from one of the arbitration rulings linked to the expropriation of its oil projects in Venezuela, declined to comment.

From Reuters

Related Words

• appropriation
• confiscation