Just Compensation Definition Example | InvestingAnswers The fifth and fourteenth amendments of the U S Constitution permit the government to exercise its power of eminent domain and requires 'just compensation' for seized property In some cases, the property owner starts the eminent domain proceedings
Search Page | Investing Answers Eminent Domain Eminent domain is a legal strategy that allows a federal or local government to seize private property for public use The seizing authority must pay fair market value for
Economic Blight Definition Example | InvestingAnswers Blight is more than just an opinion; many municipalities have legal definitions of blight For this reason, blighted areas may be subject to eminent domain laws, in which municipalities can seize property and sell it or redevelop it in a manner that will generate more property tax revenue and be more visually appealing or attractive to businesses
Amortization | Meaning Examples | InvestingAnswers What Is the Definition of Amortization? In accounting, amortization refers to the process of expensing an intangible asset's value over its useful life It is comparable to the depreciation of tangible assets In lending, amortization refers to paying off a debt through periodic payments, where each payment pays the periodic interest on the remaining balance and a portion of the loan principal