Specialist dictionary

Public economics

Taxation, public spending, externalities and government intervention.

Core vocabulary

108 featured terms

The database can contain more terms than shown here; this page prioritises the strongest mappings.

Defrayalnoun

the act of paying money

Defraymentnoun

the act of paying money

Disbursalnoun

the act of spending or disbursing money

Disbursementnoun

the act of spending or disbursing money

Economic sciencenoun

the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Economicsnoun

the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Expendingnoun

the act of spending money for goods or services

Expenditurenoun

the act of spending money for goods or services

Externalitynoun

the quality or state of being outside or directed toward or relating to the outside or exterior; "the outwardness of the world"

Financialadjective

involving financial matters; "fiscal responsibility"

Fiscaladjective

involving financial matters; "fiscal responsibility"

Fiscal policynoun

a government policy for dealing with the budget (especially with taxation and borrowing)

Goodnoun

that which is pleasing or valuable or useful; "weigh the good against the bad"; "among the highest goods of all are happiness and self-realizati…

Goodnessnoun

that which is pleasing or valuable or useful; "weigh the good against the bad"; "among the highest goods of all are happiness and self-realizati…

Governmentnoun

(government) the system or form by which a community or other political unit is governed; "tyrannical government"

Outlaynoun

the act of spending or disbursing money

Outwardnessnoun

the quality or state of being outside or directed toward or relating to the outside or exterior; "the outwardness of the world"

Paymentnoun

the act of paying money

Policynoun

a line of argument rationalizing the course of action of a government; "they debated the policy or impolicy of the proposed legislation"

Political economynoun

the branch of social science that deals with the production and distribution and consumption of goods and services and their management

Publicadjective

not private; open to or concerning the people as a whole; "the public good"; "public libraries"; "public funds"; "public parks"; "a public scand…

Public assistancenoun

governmental provision of economic assistance to persons in need; "she lives on welfare"

Redistributionnoun

distributing again; "the revolution resulted in a redistribution of wealth"

Revenuenoun

government income due to taxation

Revenue enhancementnoun

charge against a citizen's person or property or activity for the support of government

Social welfarenoun

governmental provision of economic assistance to persons in need; "she lives on welfare"

Spendingnoun

the act of spending or disbursing money

Subsidynoun

a grant paid by a government to an enterprise that benefits the public; "a subsidy for research in artificial intelligence"

Taxnoun

charge against a citizen's person or property or activity for the support of government

Tax incomenoun

government income due to taxation

Tax revenuenoun

government income due to taxation

Taxationnoun

government income due to taxation

Taxationnoun

charge against a citizen's person or property or activity for the support of government

Transferverb

lift and reset in another soil or situation; "Transplant the young rice plants"

Transfer paymentnoun

a public expenditure (as for unemployment compensation or veteran's benefits) that is not for goods and services

Transplantverb

lift and reset in another soil or situation; "Transplant the young rice plants"

Welfarenoun

governmental provision of economic assistance to persons in need; "she lives on welfare"

Amortisationnoun

payment of an obligation in a series of installments or transfers

Amortizationnoun

payment of an obligation in a series of installments or transfers

Benefitnoun

something that aids or promotes well-being; "for the benefit of all"

Betternoun

something superior in quality or condition or effect; "a change for the better"

Betternoun

the superior one of two alternatives; "chose the better of the two"

Capital gains taxnoun

a tax on capital gains; "he avoided the capital gains tax by short selling"

Capitationnoun

a tax levied on the basis of a fixed amount per person

Clericalismnoun

a policy of supporting the influence and power of the clergy in secular or political matters

Constitutional economicsnoun

A branch of economics which focuses on the conditions that exist in and choices constrained by the legal framework of a political constitution.;…

Desirabilitynoun

the quality of being worthy of desiring

Desirablenessnoun

the quality of being worthy of desiring

Dolenoun

money received from the state

Econometricsnoun

the application of mathematics and statistics to the study of economic and financial data

Financenoun

the branch of economics that studies the management of money and other assets

Income taxnoun

a personal tax levied on annual income

Macroeconomicsnoun

the branch of economics that studies the overall working of a national economy

Managerial economicsnoun

application of the economic concepts and economic analysis to the problems of formulating rational managerial decisions.; "In managerial economi…

Microeconomicsnoun

the branch of economics that studies the economy of consumers or households or individual firms

Normative economicsnoun

a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public po…

Pavagenoun

a tax toward paving streets

Planknoun

an endorsed policy in the platform of a political party

Pogynoun

money received from the state

Positive economicsnoun

the branch of economics that concerns the description and explanation of economic phenomena.; "There is a large part of the economics of educati…

Prepaymentnoun

payment in advance

Ransomnoun

payment for the release of someone

Refundnoun

the act of returning money received previously

Reliefnoun

aid for the aged or indigent or handicapped; "he has been on relief for many years"

Remunerationnoun

the act of paying for goods or services or to recompense for losses; "adequate remuneration for his work"

Renderingnoun

giving in acknowledgment of obligation

Repaymentnoun

the act of returning money received previously

Soundnessnoun

the quality of being prudent and sensible

Subventionnoun

grant of financial aid as from a government to an educational institution

Supply-side economicsnoun

the school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital…

Tributenoun

payment by one nation for protection by another

Welfarenoun

something that aids or promotes well-being; "for the benefit of all"

Wisdomnoun

the quality of being prudent and sensible

Wisenessnoun

the quality of being prudent and sensible

Worldlinessnoun

concern with worldly affairs to the neglect of spiritual needs; "he disliked the worldliness of many bishops around him"

Worthinessnoun

the quality or state of having merit or value

Advantagenoun

benefit resulting from some event or action; "it turned out to my advantage"; "reaping the rewards of generosity"

Advisabilitynoun

the quality of being advisable; "they questioned the advisability of our policy"

Bracket creepnoun

a movement into a higher tax bracket as taxable income increases

Controlnoun

the economic policy of controlling or limiting or curbing prices or wages etc.; "they wanted to repeal all the legislation that imposed economic…

Death dutynoun

a tax on the estate of the deceased person

Death taxnoun

a tax on the estate of the deceased person

Dutynoun

a government tax on imports or exports; "they signed a treaty to lower duties on trade between their countries"

Estate taxnoun

a tax on the estate of the deceased person

Estimated taxnoun

income tax paid periodically on income that is not subject to withholding taxes; based on the taxpayer's predicted tax liability

Excisenoun

a tax that is measured by the amount of business done (not on property or income from real estate)

FICAnoun

a tax on employees and employers that is used to fund the Social Security system

Imperialismnoun

a policy of extending your rule over foreign countries

Inheritance taxnoun

a tax on the estate of the deceased person

Interestnoun

a reason for wanting something done; "for your sake"; "died for the sake of his country"; "in the interest of safety"; "in the common interest"

Interferencenoun

a policy of intervening in the affairs of other countries

Interventionnoun

a policy of intervening in the affairs of other countries

Laudabilitynoun

the quality of being worthy of praise

Laudablenessnoun

the quality of being worthy of praise

Meritnoun

the quality of being deserving (e.g., deserving assistance); "there were many children whose deservingness he recognized and rewarded"

Monroe doctrinenoun

an American foreign policy opposing interference in the western hemisphere from outside powers

Nativismnoun

the policy of perpetuating native cultures (in opposition to acculturation)

Noninterventionnoun

a foreign policy of staying out of other countries' disputes

Praiseworthinessnoun

the quality of being worthy of praise

Protectionismnoun

the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition

Reasonablenessnoun

goodness of reason and judgment; "the judiciary is built on the reasonableness of judges"

Rewardnoun

benefit resulting from some event or action; "it turned out to my advantage"; "reaping the rewards of generosity"

Sakenoun

a reason for wanting something done; "for your sake"; "died for the sake of his country"; "in the interest of safety"; "in the common interest"

Supertaxnoun

an additional tax on certain kinds of income that has already been taxed

Surtaxnoun

an additional tax on certain kinds of income that has already been taxed

Tariffnoun

a government tax on imports or exports; "they signed a treaty to lower duties on trade between their countries"

Withholdingnoun

income tax withheld from employees' wages and paid directly to the government by the employer

Withholding taxnoun

income tax withheld from employees' wages and paid directly to the government by the employer