Examlex
A valuable asset pledged to obtain a loan and subject to repossession upon default to satisfy the debt is called:
Federal Government
The national government of a federated state, which encompasses the overall governing institutions and political authority of the country.
Unfunded Mandates
Regulations or new laws passed by governments that require a lower level of government or private entities to perform certain actions, with no financial support provided for these requirements.
No Child Left Behind
A United States Act of 2001 aiming to close the achievement gap with accountability, flexibility, and choice, so that no child is left behind in education.
Marginal Tax Rate
The rate at which the last dollar of a person's income is taxed, indicating the rate of tax applied to your next dollar of income.
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