Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. The act of disgorging, particularly in the legal sense.

from the GNU version of the Collaborative International Dictionary of English

  • n. The act of disgorging; a vomiting; that which is disgorged.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. the reflex act of ejecting the contents of the stomach through the mouth

Etymologies

Sorry, no etymologies found.

Examples

  • One is that the small investor who made some money during the bull market, may get some back through what we call disgorgement (ph) and that some of the executives may have to hand over some money, and I think the darker lesson for people like Dick Parsons of AOL Time Warner, who have a tremendously difficult job right now, they're just going to be dealing with lawyers for the next 12 months, if not longer.

    CNN Transcript Aug 23, 2002

  • The former CEO settled those charges too, agreeing to $45 million in disgorgement of ill-gotten gains.

    Mozilo PaysRecord Penalty For Securities Fraud

  • Labor-intensive riddling and disgorgement is in constantdemand as the queue of vintages advances toward corking.

    LENNDEVOURS:

  • Alice Paillard of Bruno Paillard, a top Champagne house, refers to disgorgement as "surgery" and the time afterward as "surgical recovery" as the wine knits itself together again.

    Bubble by Bubble

  • As of Sept. 30, the SEC was owed $657 million in fines and "disgorgement" - the surrender of ill-gotten gains - but the agency expected that $575 million of that would go uncollected.

    The Washington Post: National, World & D.C. Area News and Headlines - washingtonpost.com

  • (As a backup argument, Marks also contends that one type of relief he seeks under RICO - "disgorgement" - is an "equitable" form of relief, which is not subject to a rigid statute of limitations, but subject only to a more flexible doctrine of time limitation known as "laches."

    FORTUNE Features

  • Looking Back SEC complaint Countrywide Chiefs Charged With Fraud Some Countrywide Insiders, CEO Sell Stock as Shares Fall Countrywide Writes Mortgages for the Masses Under the agreement, disclosed Friday at a federal court hearing, Mr. Mozilo would pay $22.5 million in civil penalties and $45 million in "disgorgement" that will be returned to Countrywide shareholders.

    Mozilo Agrees to Pay $67.5 Million

  • The SEC has asked Zilkha to pay what could amount to millions of dollars in "disgorgement" and other penalties, and face a lifetime ban from the securities industry.

    Project On Government Oversight: SEC Describes Possible Criminal Activity in Unprosecuted Hedge Fund Case

  • According to the Reuters story, Halliburton is expected to pay a $559 million fine (including $387 million to DoJ, and $177 to the SEC in "disgorgement").

    Charlie Cray: Fines are Peanuts: Time to Debar Halliburton and KBR too

  • In December 2005, Eli Lilly & Co. pled guilty to a criminal indictment from the Bush Justice Department and paid $36 million in fines and "disgorgement" of its ill-gotten gains.

    Stop the War on Drugs

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  • “The president’s disgust at Wall Street looters was good. But we need more. We need disgorgement.

    Disgorgement is when courts force wrongdoers to repay ill-gotten gains. And I’m ill at the gains gotten by scummy executives acting all Gordon Gekko while they’re getting bailed out by us.�?

    The New York Times, Disgorge, Wall Street Fat Cats, by Maureen Dowd, January 31, 2009

    February 2, 2009