Law Dictionary

just compensation

noun

Legal Definition of just compensation

  1. :  compensation for property taken under eminent domain that places a property owner in the same position as before the property is taken — see also eminent domain

Additional Notes on just compensation

Just compensation is usually the fair market value of the property taken. Attorney's fees or expenses are usually excluded.


Seen and Heard

What made you want to look up just compensation? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

sad or melancholy

Get Word of the Day daily email!

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!