eminent domain

The inherent power of a governmental entity to take privately owned property, esp. land, and convert it to public use, subject to reasonable compensation for the taking. — Also (rarely) termed compulsory purchase; (in Scots law) compulsory surrender. See CONDEMNATION(2); EXPROPRIATION; TAKING(2). [Cases: Eminent Domain 1, 69. C.J.S. Eminent Domain §§ 2–3, 71–72, 198–199.]

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词条贡献者

双语律师郭敏，国际知名商学院金融专业，擅长翻译各类与金融衍生品与结构化产品相关的法律文件。