Annex

Definition

  • To incorporate something into another larger thing. Often used in relation to territories and countries when one area is integrated into another entity. For example, in 1990, Kuwait was annexed by Iraq for a time before being liberated by a United States led coalition. Annexation is used colloquially to refer to expropriation (or eminent domain), which is the seizing of land to the government for public use.

Synonyms
take, aquire

Related Terms and Acronyms

  • Backflip Takeover Definition,
    • A form of takeover where the purchasing company becomes a subsidiary of the purchased company.
  • Condemnation Definition,
    • The act of condemning (as land forfeited for public use) or judging by a government to be unfit for use.
  • Consolidate Definition,
    • To merge multiple things into one single thing.
  • Expropriation Definition,
    • The seizing of property to the government or other party for public use or economic development.
  • Friendly Takeover Definition,
    • When a company purchases another and both parties' management approve.
  • Hostile Takeover Definition,
    • When a company purchases another but the target company's management does not approve.
  • Reverse Takeover Definition,
    • The purchase of a public company by a private company, often to avoid the IPO process.
  • Takeover Definition,
    • The purchase of a company by another.
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