just compensation

noun

Legal Definition of just compensation 

: 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

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

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Dictionary Entries near just compensation

jus soli

just

just cause

just compensation

jus tertii

justice

justice court

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