War reparations

A three-masted ship with all sails.
The USCGC Eagle was built in 1936 as Horst Wessel for the German Navy. It was taken by the United States as reparations in 1946.

War reparations are compensation payments made after a war by one side to the other. They are intended to cover damage or injury inflicted during a war. Generally, the term refers to money or goods changing hands, but not to the annexation of land.