PREEMPTION • DICCIONARIO INGLES.COM • Definition of Preemption

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/prˌiˈɛmpʃən/ Listen

Preemption

noun

The judicial principle asserting the supremacy of federal over state legislation on the same subject. Synonym: pre-emption.

The right of a government to seize or appropriate something (as property). Synonym: pre-emption.

The right to purchase something in advance of others. Synonym: pre-emption.

A prior appropriation of something. Synonym: pre-emption.

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Etymology of 'Preemption'

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"Preemption" Quotes from Famous Books

... occupies an extensive farm, nor a merchant or manufacturer who may have embarked a large capital in their respective pursuits, can ever, according to this system, attain the preemption of a citizen. On the other hand, any upstart, who has, by succession or management, got possession of a few acres of land or a miserable tenement, may exultingly exercise the functions of a citizen, although perhaps neither ...

— The Writings Of Thomas Paine, Complete - With Index to Volumes I - IV • Thomas Paine

... deciding, instead of competition, how much shall go to each. Wherever there are guilds, communities, castes etc. with legal privileges; wherever there are difficulties placed in the way of exportation and importation; wherever preemption rights or monopolies,(672) in the strict sense of the word, exist, the leveling ebb and flow of the elements of production may be still more seriously interfered with. Legislation(673) of this sort injures the non-privileged portion of the population more than it helps the ...

— Principles Of Political Economy • William Roscher

Words linked to "Preemption" : subscription right, appropriation, judicial doctrine, right, jurisprudence, judicial principle, legal right, preemptive right, preempt, law, legal principle