Law Enforcement

Enabling Clause
An enabling clause is a provision in most new laws or statutes that gives appropriate officials the power to implement and enforce the law.
Impound
Impounding refers to the legal process of seizing and retaining merchandise, funds, or records by an officer of the law. It generally aims to secure the items in question as evidence, prevent their misuse, or ensure compliance with legal procedures.
Money Laundering
Money laundering is the illicit process of concealing the origins of money obtained from criminal activities, typically by means involving foreign banks or complex transactions, making it appear as though it were acquired legally.
Stool Pigeon
A stool pigeon is a spy or police informant who betrays another person's confidences to the authorities.
Writ
A Writ is a legal order issued by the authority and in the name of the state to compel a person to do something specified. It is issued by a court or other competent tribunal and contains specific instructions for action.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.