Definition of "disgorgement" [dis•gorge•ment]

• The act of disgorging, particularly in the legal sense. (noun)

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• "One is that the small investor who made some money during the bull market, may get some back through what we call disgorgement (ph) and that some of the executives may have to hand over some money, and I think the darker lesson for people like Dick Parsons of AOL Time Warner, who have a tremendously difficult job right now, they're just going to be dealing with lawyers for the next 12 months, if not longer."
• "Labor-intensive riddling and disgorgement is in constantdemand as the queue of vintages advances toward corking."
• "The former CEO settled those charges too, agreeing to $45 million in disgorgement of ill-gotten gains."