Just Compensation Legal Meaning and Definition
Here is a simplified definition of the legal term Just Compensation.
Just Compensation (noun)
Just Compensation refers to the reasonable and fair amount of money that a government must pay to a private property owner when it takes over that property for public use. This policy ensures that property owners aren't financially harmed when their property is used for the public good. If the owner believes the offered compensation isn't sufficient, they have the right to seek a trial to determine a more appropriate amount.