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Preferred term

asset forfeiture  

Definition

  • Asset forfeiture is the loss of property, without compensation, due to the commission of a criminal act. Federal forfeiture occurs when federal agents target a property that may have been used to facilitate criminal activity or functions as the proceeds of criminality. [Source: Encyclopedia of Law Enforcement; Asset Forfeiture]

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URI

https://concepts.sagepub.com/social-science/concept/asset_forfeiture

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