Disgorgement

/dɪsˈɡɔːrdʒmənt/ noun

Definition

The act of disgorging; something that is disgorged; often used in legal contexts for forced repayment or surrender of ill-gotten gains.

Etymology

From disgorge + -ment (suffix forming nouns from verbs). The -ment suffix comes from Latin -mentum, creating abstract nouns describing actions or results.

Kelly Says

Securities lawyers love 'disgorgement'—when a company has to hand back illegal profits, it's called disgorgement, which sounds appropriately violent and forced, almost like the money is being ripped from them.

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