Glossary Politics & World
Referendum
A direct public vote on a single question. Whether the result binds the government depends on the law under which it was held.
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Tariff
A tax on imported goods. It is paid by the importer, not the exporting country, and…
Smart contract
Code deployed to a blockchain that executes automatically when its conditions are met. It removes the…
Inflation
The rate at which prices rise across an economy, reducing what a unit of currency buys.…
Impeachment
A formal charge brought by a legislature against a public official. It is an accusation that…