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What (who) is exaction - definition
exaction
n.
1.
Extortion.
2.
Contribution (demanded), tribute.
exaction
¦ noun formal the action of exacting something, especially a payment.
?a sum of money exacted.
Exaction
·noun That which is exacted; a severe tribute; a fee, reward, or contribution, demanded or levied with severity or injustice.
II. Exaction ·noun The act of demanding with authority, and compelling to pay or yield; compulsion to give or furnish; a levying by force; a driving to compliance; as, the exaction to tribute or of obedience; hence, extortion.
Wikipedia
Exaction
An exaction is a concept in US real property law where a condition for development is imposed on a parcel of land that requires the developer to mitigate anticipated negative impacts of the development.Casner, A.
Examples of use of exaction
1. As the Court of Appeals below found, the fundamental defect in vague legislation is not the existence of a penalty; rather, it is "the exaction of obedience to a rule of standard ... so vague as to be no rule or standard at all." A.