Preemption ( noun , verb )

(As a noun)

Preemption ( noun )

  1. The act of taking possession of something before anyone else can do so.
  2. The right of a government or other organization to take possession of something, especially land, before anyone else can do so.
  3. The act of preventing something from happening by taking action beforehand.

Origin:

Mid 16th century: from latin praeemptio(n-), from praeemere "to buy in advance", from prae "before" + emere "buy".

Examples:

  1. The company's preemption of the land allowed them to build the factory.
  2. The state's preemption of the water rights ensured that there would be enough water for the entire region.
  3. The government's preemption of the property was a controversial move.
  4. The company's preemption of the technology gave them a competitive edge.
  5. The preemption of the opportunity allows the company to get a head start on the project.

(As a verb)

Preemption ( verb )

  1. The act of taking possession of something before anyone else can do so.
  2. The right of a government or other organization to take possession of something, especially land, before anyone else can do so.
  3. The act of preventing something from happening by taking action beforehand.

Origin:

Mid 16th century: from latin praeemptio(n-), from praeemere "to buy in advance", from prae "before" + emere "buy".

Examples:

  1. The company's preemption of the land allowed them to build the factory.
  2. The state's preemption of the water rights ensured that there would be enough water for the entire region.
  3. The government's preemption of the property was a controversial move.
  4. The company's preemption of the technology gave them a competitive edge.
  5. The preemption of the opportunity allows the company to get a head start on the project.
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