Eminent domain

Eminent domain

The power of the government to take possession of private property for public use when it is deemed in the best interest of the community, in exchange for payment of fair market value.

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Part of Speech: adjective
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Industry/Domain: Law
Category: Laws and acts
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Related terms

eminent domain

Law; Laws and acts

The power of the government to take possession of private property for public use when it is deemed in the best interest of the community, in exchange for payment of fair market ...

eminent domain

Legal services; Courts

The power of the government to take private property for public use through condemnation.

eminent domain

Anthropology; Cultural anthropology

The right of a government to take legal possession of private property for public use. In most western countries, the property owner is financially compensated for the loss based ...

eminent domain

Law; General law

Government's power of compulsory acquisition of private property for public use is called an eminent domain.

eminent domain

Land development; Urban planning

Eminent domain (United States), compulsory purchase (United Kingdom, New Zealand, Ireland), resumption/compulsory acquisition (Australia), or expropriation (South Africa and ...

eminent domain

Politics; Political Science

The right of a government to take private property for public use, even if the owner refuses consent, provided that adequate compensation is paid. The right is described in the ...

amortization

Law; Laws and acts

Amortization is the payment of a debt in equal, regular payments; and is termed as amortization in law.

adverse judgment

Law; Laws and acts

Adverse judgment is that judgment which is against the party represented; and is termed as adverse judgment in law.

compensatory damages

Law; Laws and acts

It is an award of money to compensate for actual monies lost, as opposed to punitive damages.

circumstantial evidence

Law; Laws and acts

It is a fact that requires an inference to establish another fact and is known as circumstantial evidence.

diversity of citizenship

Law; Laws and acts

A federal court usually has jurisdiction only in cases involving federal questions or when the United States is a party. The major exception occurs when the parties involved in ...