Seizeable (also spelled as 'seizable') is an adjective describing something that can be taken possession of, controlled, or captured. This term is often used in legal contexts to refer to property, rights, or assets that are subject to being seized or confiscated by authorities due to various circumstances, such as legal disputes or criminal proceedings. The notion of seizeability implies that the object in question has defined characteristics that make it eligible for repossession or enforcement actions.
Seizeable meaning with examples
- The authorities obtained a warrant for the seizeable assets of the company following allegations of fraud. This enabled them to secure valuable resources that may be linked to illegal activities. The process was complex, involving careful documentation and a thorough investigation to ensure that everything complied with legal standards.
- During the bankruptcy proceedings, the court identified several seizeable items belonging to the debtor. These items included valuable equipment and property that could be liquidated to pay off outstanding debts. The creditors hoped to recover at least a portion of what they were owed through these means.
- In civil litigation, grants of seizeable rights became a point of contention between the plaintiff and the defendant. The plaintiff argued that certain properties were rightfully theirs and should be seized in order to satisfy the judgment. The defendant, however, claimed that these properties were not subject to seizure.
- Law enforcement officials emphasized the importance of understanding which assets are considered seizeable during their investigations. They conducted thorough reviews of the financial activities of suspects, ensuring that any confiscated property would stand up in court and benefit the victims involved.
- A judge ruled that the luxury vehicle was a seizeable asset, under the premise that it had been purchased with proceeds from illegal activities. This decision was crucial for maintaining the integrity of the law and ensuring that offenders could not retain the benefits of their actions.