A tool used to track expenses and income that are reported on a balance sheet .

The origins from which particular positive laws derive their authority and coercive force. Such are constitutions, treaties, statutes, usages, and customs. In another sense, the authoritative or reliable works, records, […]

Fr. In French law . Under private signature; under the private signature of the parties. A contract or instrument thus signed is distinguished from an ” authentic act ,” which […]

A collective term applied to all dveloping countries that are located South of a dveloped country that is known as North.

Fr. Under. Bendloe, 33.

The produce of the taxes appropriated to pay the interest of such part of the English national debt as was advanced by the South Sea Company and its annuitants. The […]

A chief ruler with supreme power ; a king or other ruler with limited power. In English law . A gold coin of Great Britain, of the value of a […]

A body such as a parliament whose actions have a legal force and who has the ultimate power to modify, lay down and rescind ant laws of the land.

A debt by the government that is held in bonds of foreign denominations.

An assessment of the likelihood that a country will default its loans made by the International ratings agency.

A guarantee by the government that all obligations will be satisfied when and if the primary obliger goes into default.

A legal that says that a state cannot be sued by a citizen of the state.

A person believing in the rights and power of the individual , who doea not trust the government and would like more power in the hands of the individuals.

the name that is given to the whole citizenry who elect their representatives and public officers amend live within a sovereign state .

the power and the authority to make and enforce the law of the land . See inherent power .

A department or agency of the government which has the ” full faith and credit ” of the government, the obligations are government guaranteed.

A right that a state possesess which allows it to act for the benefit of all of its citizens as it sees fit.

a term that is applied to the rights and privileges of the nation.

Loss caused by a sovereign nations actions. This is another category of credit risk . Refer to contingency credit, correlated credit, country, direct credit, settlement, and trading credit risks.

A state with full sovereignty over all of its affairs, territory and existence.

The possession of sovereign power ; supreme political authority; paramount control of the constitution and frame of government and Its administration ; the self-sufficient source of political power , from […]

In old Scotch law . Surety. Skene.

February; so called In South Wales. Cowell.

In Scotch law. Terms used to express the form by which the number of cattle brought upon a common by those having a servitude of pasturage may be justly proportioned […]

In old English law . To be leviable. An old exchequer term applied to sheriff’s returns. 4 Inst. 107; Cowell; Spelman.