Definitions
Wiktionary
- n. law The compensation provided for property taken via eminent domain. It is usually the fair market value of the property, but may be determined by other means.
Examples
“The gratuitous character of grace categorically excludes real and strict natural merit with a rightful claim to just compensation as well as merit improperly so called implying a claim to reward as a matter of fitness.”
The Catholic Encyclopedia, Volume 6: Fathers of the Church-Gregory XI
“I recommend that just compensation be made to General DeSaussure.”
Journal of the Senate of South Carolina: Being the Session of 1862.
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