Expropriation

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Expropriation

 

(1) In law, the forced alienation of property, with or without compensation, by the government. Both real property (for example, land used for railroads or unpaved roads) and movable property (such as precious metals) may be expropriated. Depending on whether or not compensation is paid, expropriation may take the form of requisition or confiscation.

(2) The removal by one social class of another class’s property and social status. Within a class, the term “expropriation” is applied to the removal by one stratum of another stratum’s property and status—for example, a legislative act secularizing church lands. Immediately after the victory of the Great October Socialist Revolution of 1917, the Soviet government expropriated substantial portions of the property of the former exploiting classes.

References in periodicals archive ?
matter, the new wave of expropriations in Latin America has had a great
found in the Mexican expropriations of 1938 when many of the issues
Most obviously, expropriations are the result of a conscious decision by a public authority, unlike most other insurable events.
If the insurance market cannot be left to make the risk-incentives tradeoff on its own, then what kinds of expropriations should be compensated?
Against this background, the proposed ASEAN-US FTA should craft its expropriation language to advance the doctrine, as set forth in Section V.
119) International expropriation law closely tracks the protection afforded to U.
The Expropriations Act outlines that should a hearing be required by the homeowners, the inquiry officer (appointed under the Expropriations Act) will handle the administrative duties of that hearing.
The Expropriations Act then prescribes that "the approving authority shall consider the report of the inquiry officer and shall approve or not approve the proposed expropriation or approve the proposed expropriation with such modifications as the approving authority considers proper, but an approval with modifications shall not affect the lands of a registered owner who is not or has not been made a party to the hearing.
However, most of the majority shareholders, who are involved in the expropriation of the shareholders' rights, belong to the owner family.
Ayala and Bolrvar-Fresneda fully recognize the multiple impacts of the expropriations, including a "widespread feeling of dispossession" (p.
In late March the limo of the Attorney-general was seized by bailiffs on the strength of a court order that ruled in favour of a private citizen whose land, around 10,000 square metres, had been initially expropriated -- but never paid for -- by the government, which then decided it did not need it and revoked the expropriation.
By far, most expropriations have happy, or at least satisfactory, resolutions on both sides when they are negotiated in good faith in the shadow of the legislative framework.