Expropriators definition of expropriators by the free. Expropriate definition in the cambridge english dictionary. Depending on whether or not compensation is paid, expropriation may take the form of requisition or. Pdf land expropriation and compensation payment in.
Expropriation is mainly exercised when certain things need to be constructed that truly do benefit the general population, such as the above mentioned railroads, highways, airports, and public utilities. Expropriation noun the noun expropriation has 1 sense 1. Projects such as highway construction, sewage plants, pipelines, schools and industrial parks all require the acquisition of private lands to move forward. All claims for property by, or for damages to the owner caused by the expropriation of property pursuant to r. The expropriation on imdb this article related to a chilean film is a stub. Expropriations definition of expropriations by the free. Expropriation is the act of a government taking private property. Expropriation can be carried out for the needs of the state, municipality, state funds and public companies, unless otherwise determined by law. These organs may delegate woreda or city administrations to decide on. Nationalization usually refers to private assets, but may also mean assets owned by lower levels of government, such as municipalities, being transferred to be the state the opposite of nationalization is usually privatization or denationalization, but may also be. Expropriations financial definition of expropriations. It is distinguished from confiscation by the fact that compensation is paid to the. The proclamation provides for the following principles of expropriation of land, which guide the decisions of and procedures for expropriating of land for public purpose.
Buy expropiation law in europe 01 by sluysmans, jacques, verbist, stijn, waring, emma isbn. The taking of private property for public use or in the public interest. Expropriation may sound like a terrible practice at first, but there are some legitimate reasons as to why expropriation may be necessary. Definition of expropriate written for english language learners from the merriamwebster learners dictionary with audio pronunciations, usage examples, and countnoncount noun labels. Federal, regional, addis ababa or dire dawa cabinet have the power to decide on expropriation. The term formerly applied to any compulsory deprivation of property, particularly by a public agency, but now pertains primarily to government takings where compensation is rendered, as in exercising the right of eminent domain. Expropriation is exclusively used when it comes to the construction of the facilities of public interest, and the facilities of public interest are all those facilities that are legally established to be of public. The article, by presenting an ongoing research project, economic re muneration for diminished working capacity, discusses work, sickness and ideology and attempts to introduce theory and method. Eminent domain is the legal term describing the governments right to do so. Expropriation the act of a government or, rarely, a private organization taking property away from its owners. Both real property for example, land used for railroads or unpaved roads and movable property such as precious metals may be expropriated. A state is not responsible for economic distress resulting from bona fide general taxation, so long as it is nondiscriminatory and not designed to.
It may also be used as a penalty for criminal proceedings. Expropriation is the act of a government in taking privately owned property, ostensibly to be used for purposes designed to benefit the overall public. Two experts have taken up the task of finding out what the truth of the matter is. In the expropriation procedure, easement for the benefit of citizens can be created, if envisaged so by law, in order. This was not sufficient to amount to expropriation as business risk is a part of investment. The concept of expropriation under the etc and other investment protection treaties by christoph schreuer revised 20 may 2005 outline 1. Definition of expropriation in the idioms dictionary. Any government has the right to seize such property, according to international law, if prompt and adequate compensation is given. Expropriation article about expropriation by the free. The soul of man then is capable of a state of much peace and equanimity, in the exterior bands and agitations. Expropriation definition, to take possession of, especially for public use by the right of eminent domain, thus divesting the title of the private owner. To expropriate more generally was to dispossess a person of ownership or right to a property.
Expropriation is a legally regulated seizure or restriction of ownership of real estate for compensation in accordance with the market value of the real estate. The infections that prevailed at the outset of the industrial age illustrate how medicine came by its reputation. Expropriation financial definition of expropriation. Ethiopia has enacted an expropriation of landholdings for. Expropriation risk, investment decisions and economic sectors. Market value is defined in the legislation as the amount the land might be expected to realize if sold in the. To analyze the effects of expropriation risk in the investment decisions of a firm, we set the base case parameters so that the government offers a fixed compensation in the case of expropriation that is equal to half the fair value of the business at the initial cash flow level, k v 0. These projects are necessary to allow our society to progress and operate efficiently. Expropriation, the taking away or depriving of property or proprietary rights.
Expropriation 1 in law, the forced alienation of property, with or without compensation, by the government. Physical seizure of property for a highway or a park, for example serious, sustained physical invasions of property as in the case of low over flying aircraft, for example eminent domain. Expropriation is the seizure of private property by a public agency for a purpose deemed to be in the public interest. Expropriation occurs when a public agency for example, the provincial. Expropriation of minority in nine east asian countries, shareholders higher cashflow rights al e associated with a higher market valuation and higuerevidence from east asia control rights with a sower valuation, especially whern cashflow rights are low and stijn claessens control rights are high. Unlike eminent domain, expropriation may also refer to the taking of private property by a private entity authorized by a government to take property in certain situations. Expropriation is the forced taking of land for a public purpose.
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