Economic Sanction
/ɪˌkɒnəˈmɪk ˈsæŋkʃən/
Definitions
- (n.) A government-imposed measure restricting trade or financial transactions with a target country, entity, or individual to influence behavior or enforce international law.
The country faced economic sanctions after violating international agreements.
- (n.) A form of collective punishment or diplomatic pressure often authorized by international organizations such as the United Nations.
The UN Security Council imposed economic sanctions to deter aggression.
Forms
- economic sanctions
Related terms
See also
Commentary
Economic sanctions often require precise legal drafting to clearly define scope, duration, and exceptions to avoid unintended legal consequences.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.