Concept information
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organization studies encyc
approaches to management theory
strategic management
political environments
Preferred term
expropriation
Definition
- Expropriation is a broad term. In Canada, it is analogous to the principle of eminent domain: A government or body empowered by that government expropriates property when it takes it from a private owner without consent and without consent being required; it does this as directed or allowed by an applicable law, it is not punitive, it compensates the owner, and the owner has the right to seek additional compensation if he or she feels entitled to it, which may include expenses beyond the value of the property incurred by the act of expropriation. [Source: Encyclopedia of Business in Today's World; Expropriation]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/expropriation
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