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Glossary Politics & World

Legislation

Law made by a parliament or congress, as opposed to rules written by regulators or judgements handed down by courts.

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Bond

A loan to a government or company that pays interest and returns the principal at maturity.…

On the record

Everything a source says may be published and attributed to them by name. This is the…

Judicial review

A court examining whether a government decision was lawful. It tests the legality of how a…

Valuation

An estimate of what a business is worth, usually derived from earnings, revenue or comparable companies.…

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