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disgorging

Disgorging refers to the process of removing or releasing accumulated substances, often from a container or system. In finance, particularly in securities law, it involves returning ill-gotten gains obtained through illegal or unethical activity. For example, if a person profits from insider trading, disgorging would require them to give back those profits to prevent unjust enrichment. It ensures that wrongdoers do not benefit from their misconduct and helps uphold fairness and integrity in markets or transactions.