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government2013

vocabulary

TermDefinition
TAX a change levied by government on persons/property to meet public needs
PUBLIC DEPT all the money borrowed by the government and not yet repaid the accrued interest on that money also called national debt/fed debt
DEFICIT FINANCING practice funding government by borrowing to make up the difference between government spending and revenue
COMMERCE POWER exclusive power of congress to regulate interstates and foreigntrade
COPY RIGHT the executive legal right of a person to reproduce publish and sell his/her own literary musical/artistic
EMINENT DOMAIN power of a government to take private property for public use
PATENT a license issued to an inventorgrantion the exclusive right to manufacture use or sell his/her invention for a limited period of time
NATURALIZATION the government acquisition of private industry for public use
APPROPRIATE assign to a particular use
CENSURE issue a formal condemination
BANKRUPTCY the legal proceeding by which a bankrupt persons assetsanedis tributes among these to whom he/she owes depts
Created by: abriannaprocissi
Popular American Government sets

 

 



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