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compulsory purchase |
Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia, Hutchinson | 0.03 sec. |
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compulsory purchase purchase of a house or other property by a local authority or government department for public use or to make way for development, regardless of whether or not the owner wishes to sell How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Soho is one of the longest established red-light districts, yet Westminster Council continues to issue compulsory purchase orders, saying that prostitution is a blight on the neighbourhood. As soon as possible following Check Point Holdings' acquisition of shares representing more than 90 percent of the shares in Protect Data, Check Point Holdings intends to call for compulsory purchase of the then outstanding minority shares and warrants in Protect Data. He also informed that it is Old Mutual's intention to initiate a process of compulsory purchase of the minority's shares in Skandia when Old Mutual holds more than 90 per cent of the shares. |
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