Confiscation, expropriation, nationalization, and deprivation insurance (CEND)

{
  "id": "MLC-T-INS-003615",
  "term": "Confiscation, expropriation, nationalization, and deprivation insurance (CEND)",
  "field": "Insurance and risk management",
  "definition": "A specialized type of political risk insurance that protects businesses and investors against losses resulting from government actions that seize or significantly impair their assets or operations in a foreign country. Confiscation involves the taking of property without compensation, while expropriation is a lawful taking with inadequate compensation. This coverage is often purchased by multinational corporations with investments in politically unstable regions.",
  "abbreviation": "CEND",
  "url": "https://mlchart.com/terminology/insurance/confiscation-expropriation-nationalization-and-deprivation-insurance-cend/"
}