What Does Expropriation Mean?

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What does Expropriation mean? Read on to discover the definition & meaning of the term Expropriation - to help you better understand the language used in insurance policies.

Expropriation

Expropriation

Nationalization or confiscation by a host country government of a multinational's investment (e.g., plant, inventory, equipment). If compensation is offered at all, it is usually far below fair market value.

We hope the you have a better understanding of the meaning of Expropriation.

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