What does preemption mean?
The act of taking control or possession of something before it can be used or taken by someone else. The right or power to take control or possession of something before it can be used or taken by someone else.
Example
"The government's decision to use preemption to take control of the company's assets was met with widespread criticism."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.