noun
- the act of disgorging; the forced return or surrender of something (especially money or assets) obtained illegally or improperly
- the act of vomiting or ejecting something from the mouth or throat
Usage: commonly used in legal and financial contexts; often refers to court-ordered restitution or regulatory penalties
Usage: less common in modern usage
Examples
- The SEC ordered the company to pay $10 million in disgorgement of illegal profits.
- The investment advisor faced disgorgement of all fees earned through fraudulent schemes.
- Disgorgement is a common remedy in securities law violations.
- The court mandated disgorgement of the embezzled funds within 30 days.
- Regulatory agencies use disgorgement to punish wrongdoing and protect investors.
- The defendant was required to make full disgorgement of the stolen assets.