Preemption
(
noun
,
verb
)
(As a noun)
Preemption ( noun )
- The act of taking possession of something before anyone else can do so.
- The right of a government or other organization to take possession of something, especially land, before anyone else can do so.
- 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:
- The company's preemption of the land allowed them to build the factory.
- The state's preemption of the water rights ensured that there would be enough water for the entire region.
- The government's preemption of the property was a controversial move.
- The company's preemption of the technology gave them a competitive edge.
- The preemption of the opportunity allows the company to get a head start on the project.
(As a verb)
Preemption ( verb )
- The act of taking possession of something before anyone else can do so.
- The right of a government or other organization to take possession of something, especially land, before anyone else can do so.
- 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:
- The company's preemption of the land allowed them to build the factory.
- The state's preemption of the water rights ensured that there would be enough water for the entire region.
- The government's preemption of the property was a controversial move.
- The company's preemption of the technology gave them a competitive edge.
- The preemption of the opportunity allows the company to get a head start on the project.