Confiscation
Confiscation is the act of taking away property or assets by an authority, often the government, without compensation. This usually occurs when the property is believed to be involved in illegal activities, such as drug trafficking or money laundering. Confiscation can also happen in cases of unpaid taxes or fines.
The process of confiscation typically involves legal procedures, where authorities must demonstrate a valid reason for the seizure. In some cases, individuals may have the right to contest the confiscation in court. Confiscation aims to deter crime and reclaim assets that are deemed harmful to society.