Zoning Definition.

Zoning definition is the official definition of the zoning classification of a piece of land as stipulated in a city or county zoning ordinance. The zoning definition generally includes the specific use or uses that are permitted in that zoning classification, as well as any restrictions on the development of the land. What is called … Read more

What Does the Department of Labor (DOL) Do?

The Department of Labor (DOL) is a federal government agency that promotes and protects the welfare of American workers. The DOL does this by setting and enforcing standards for workplace safety and fair labor practices, providing training and support for workers and job seekers, and investigating workplace discrimination and other illegal employment practices. The DOL … Read more

How a Government-Sponsored Enterprise (GSE) Works.

A Government-Sponsored Enterprise (GSE) is a type of financial institution that is created by the government to promote a specific social or economic policy. The most well-known examples of GSEs are Fannie Mae and Freddie Mac, which were created to promote homeownership by providing financing to lenders who otherwise might not have access to the … Read more

Bicameral System Definition.

A bicameral system is a system of government in which there are two legislative chambers, typically referred to as the upper house and the lower house. The bicameral system is often contrasted with the unicameral system, in which there is only one legislative chamber. The two chambers of the bicameral system typically have different roles … Read more

Market Access.

Market access refers to the ability of companies to sell their products and services in a given market. It is often determined by government regulations, trade agreements, and other factors. Market access can be a barrier to entry for companies looking to enter a new market. For example, if a country has high tariffs on … Read more

What Is a Stamp Duty?

A stamp duty is a tax that is levied on certain documents in order to make them legally binding. The most common type of stamp duty is on property transactions, where the tax is levied on the transfer of ownership of a property. Stamp duty is also often levied on shares and other financial instruments. … Read more

Australian Securities and Investments Commission (ASIC).

The Australian Securities and Investments Commission (ASIC) is the corporate regulator in Australia. ASIC’s role is to enforce and regulate company and financial services laws to protect consumers, investors and creditors. ASIC is also responsible for maintaining and improving the integrity of the financial markets. ASIC was established on 1 July 1998 by the Australian … Read more

What Is an Administered Price?

An administered price is a price that is set by the government or another regulatory body, rather than by the market. This can include things like taxes, tariffs, and other fees. The purpose of an administered price is to either raise revenue or to protect a particular industry. What can government do to reduce inflation? … Read more

What Is Reshoring?

The term “reshoring” refers to the process of bringing manufacturing and other production back to the United States from other countries. This can happen for a variety of reasons, including changes in government policy, the availability of skilled labor, or the cost of production. In recent years, there has been a trend of companies “reshoring” … Read more

Bona Vacantia.

Bona vacanță ( Romanian pronunciation: [ˈbona vaˈkant͡sə]; Latin for “good vacancy”), also known as domus vacanță (“vacant house”), is a legal term used in Romania to refer to unclaimed property. The term is derived from Roman law, where it originally referred to property that was ownerless and without an heir. Under Romanian law, bona vacantia … Read more