Business Terms and Jargon Explained

What is Confiscation order

This is the order from the state/government to take into possession privately owed property. This can be issued to recover proceeds of crime or as punishment. The order can be issued by a court of person of authority in the government. Has been used in war times to get assets for the war effort.

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Term created / updated 2020-01-30 14:12:59

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