- 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.
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.