Statutory Law

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.
Public Law
Constitutional, statutory, or judicial law developed by governments and applied equally to the general public. Contrast with Private Law.

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.