- regulation
- a law or rule
Examples the new government regulations on housing standards • Regulations concerning imports and exports are set out in this leaflet.- the use of laws or rules stipulated by a government or regulatory body, such as the FSA, to provide orderly procedures and to protect consumers and investors
Example government regulation of trading practices
Definition
noun
"EC regulations which came into effect in July insist that customers can buy cars anywhere in the EC at the local pre-tax price"[Financial Times]
"…a unit trust is established under the regulations of the Department of Trade, with a trustee, a management company and a stock of units"[Investors Chronicle]
"…fear of audit regulation, as much as financial pressures, is a major factor behind the increasing number of small accountancy firms deciding to sell their practices or merge with another firm"[Accountancy]
Learn a new term:
creditors