Definitions for "Confiscation"
seizure by the government
A draft EU framework decision that would allow the confiscation, or seizure of the assets gained from illegal activity (otherwise known as laundered money) is under discussion. Its effect would be to bring all Member States laws to a similar standard. (See organised crime)
The taking or seizing of property without paying any compensation.
The act or process of taking property or condemning it to be taken, as forfeited to the public use.
An order that a person's property be taken by the government eg: proceeds of criminal activity.• Sentencing Options
Taken and kept.
A legal argument made by the railroads that held that the rates set by the Railroad Commission did not allow them enough profit to operate, pay off debt, or reinvest in the company, thus depriving the railroads of their property without due process of law.
Insurance term used in relation to the political risks of overseas investments