disgorgement

disgorgement
index expulsion, outburst

Burton's Legal Thesaurus. . 2006


disgorgement
England, Wales
Where a person is forced to give back any profit he has made or money he has received either illegally or unethically at the expense of another. Disgorgement prevents unjust enrichment (where one party profits financially in a way which is unfair to another). Disgorgement may follow a contractual demand or an order of the court. Interest is usually added to any monies which are disgorged. Disgorgement may arise, for example, when a payment is made which is later deemed to be a preference or a transaction at an undervalue.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • disgorgement — UK US /dɪsˈɡɔːdʒmənt/ noun [U] US LAW ► a situation in which a person or organization is forced to pay back money that they have made in an illegal way: »disgorgement claims/payments/penalties »The SEC is seeking disgorgement of the… …   Financial and business terms

  • Disgorgement — Dis*gorge ment, n. [Cf. F. d[ e]gorgement.] The act of disgorging; a vomiting; that which is disgorged. Bp. Hall. [1913 Webster] …   The Collaborative International Dictionary of English

  • Disgorgement — A repayment of ill gotten gains that is imposed on wrong doers by the courts. Funds that were received through illegal or unethical business transactions are disgorged, or paid back, with interest to those affected by the action. Disgorgement is… …   Investment dictionary

  • Disgorgement (law) — This article is about the legal term. For other uses, see Disgorge (disambiguation). Disgorgement is the forced giving up of profits[1] obtained by illegal or unethical acts. A court may order wrongdoers to pay back illegal profits, with interest …   Wikipedia

  • disgorgement — See disgorge. * * * …   Universalium

  • disgorgement — noun The act of disgorging, particularly in the legal sense …   Wiktionary

  • disgorgement — Synonyms and related words: barf, blowout, discharge, egesta, egestion, ejaculation, emission, eructation, eruption, expulsion, extravasation, gagging, heaves, heaving, jet, nausea, outburst, outpour, puke, regurgitation, spew, spout, spurt,… …   Moby Thesaurus

  • disgorgement — n. vomiting, throwing up; yielding, act of giving up something; forceful ejection …   English contemporary dictionary

  • disgorgement — dis·gorge·ment …   English syllables

  • disgorgement — noun the reflex act of ejecting the contents of the stomach through the mouth • Syn: ↑vomit, ↑vomiting, ↑emesis, ↑regurgitation, ↑puking • Derivationally related forms: ↑puke (for: ↑ …   Useful english dictionary

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