disgorgement

Definition of "disgorgement"
  1. The legal process where a party has to give up profits obtained through unlawful or unethical behavior
How to use "disgorgement" in a sentence
  1. The company was ordered for disgorgement of profit obtained from the illegal scheme.
  2. After an investigation revealed financial fraud, the defendant was subjected to disgorgement.
  3. Disgorgement is often considered an effective deterrent for industrials involved in insider trading.

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