Examlex
In the assignment of accounts receivable, the right of a third party to demand payment from the transferor of the receivables if they prove uncollectible is referred to as recourse.
Democrats
Members of the Democratic Party, one of the two major political parties in the United States, generally associated with liberal and progressive policies.
1894 Midterm Elections
Midterm congressional elections in the United States that resulted in a significant defeat for the Democratic Party, with the Republicans gaining control of both the House of Representatives and the Senate.
Congressional Power
The legal authority granted to the United States Congress by the Constitution, including legislative, investigative, and supervisory powers over federal laws and government operations.
Populist Party
A political party that claims to represent the interests and wishes of ordinary people, often advocating for policies that challenge the status quo or political establishment.
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