zhào​jià​shōu​mǎi

to buy at the declared price

Senses

照价收买/ 照價收買 zhào​jià​shōu​mǎi to buy at the declared price

To buy or requisition property according to the price declared by the owner. Specifically, a policy in Sun Yat-sen's Principle of People's Livelihood where the government can purchase land based on its registered value to prevent land speculation.

References

No references for this word.