FISCAL LEVERAGE Definition

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FISCAL LEVERAGE is the ability of a government to affect economic conditions and/or actions of others through fiscalist policies.

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NOTARY PUBLIC is a certifier of legal documents, i.e., somebody who is legally authorized to certify the authenticity of signatures and documents. Also called notary.

PAR VALUE is a. the maturity value or face value, i.e., the amount that an issuer agrees to pay at the maturity date; b. the official exchange rate between two countries currencies; or, c. the value of a security that is set by the company issuing it; unrelated to market value.

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