An expropriation, or nationalization, occurs when a government seizes foreign-owned property or assets for a public purpose and pays the owner just compensation for what is taken.

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Expropriation or nationalization refers to the act of a government taking private property for public use, typically with the provision of fair compensation to the owners, even if those owners are foreign entities.

An Expropriation, or Nationalization, Occurs When a Government Seizes Foreign-Owned