Al-bai‘ al-jabari


Dictionary term

Definition of "Al-bai‘ al-jabari"

Lit: Forced sale. Tech: A sale deal concluded forcibly against the free will of the owner of an asset, usually, to discharge an obligation of the owner (like paying of his overdue debt), or to remove harm from others (like sale of hoarded grains in times of general shortage), or to serve public interest (like widening of a passage to a mosque). Other common examples are: nationalization of private assets, appropriation of excessive land holdings for distribution among the landless or forcing a company to sell a certain extent of its shares to its employees or to the general public for improving distribution of wealth and incomes.


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