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  2. Dictionary

    sanc·tion
    [ˈsaNG(k)SHən]
    noun
    sanction (noun) · sanctions (plural noun)
    1. a threatened penalty for disobeying a law or rule:
      "a range of sanctions aimed at deterring insider abuse"
      Opposite:
      • (sanctions)
        measures taken by a nation to coerce another to conform to an international agreement or norms of conduct, typically in the form of restrictions on trade or on participation in official sporting events:
        "the United States had agreed to lift economic sanctions"
      • philosophy
        a consideration operating to enforce obedience to any rule of conduct.
    verb
    sanction (verb) · sanctions (third person present) · sanctioned (past tense) · sanctioned (past participle) · sanctioning (present participle)
    1. give official permission or approval for (an action):
      "only two treatments have been sanctioned by the Food and Drug Administration"
      Opposite:
    2. impose a sanction or penalty on:
      "foreigners in France illegally should be sent home, their employers sanctioned and border controls tightened up"
      Similar:
      discipline someone for
    Origin
    late Middle English (as a noun denoting an ecclesiastical decree): from French, from Latin sanctio(n-), from sancire ‘ratify’. The verb dates from the late 18th century.
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  3. Sanctioned Person means any individual person, group, regime, entity or thing listed or otherwise recognized as a specially designated, prohibited, sanctioned or debarred person, group, regime, entity or thing, or subject to any limitations or prohibitions (including but not limited to the blocking of property or rejection of transactions), under any Anti- Terrorism Law.
    www.lawinsider.com/dictionary/sanctioned-person
    S anctioned Person means any Person (a) designated on any list maintained pursuant to Sanctions, (b) majority - owned by a Person or Persons designated on any such list, or (c) organized or resident in a Sanctioned Country.
    www.lawinsider.com/dictionary/s-anctioned-person

    Sanctioned Person means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, or by the United Nations Security Council, the European Union or any European Union member state, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned or...

    www.lawinsider.com/dictionary/sanctions-person
    (3) the term “sanctioned person” means a foreign person, and any parent, affiliate, subsidiary, or successor entity of the foreign person, upon whom sanctions have been imposed under this section.
    www.law.cornell.edu/definitions/uscode.php?height…
     
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