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What Is Budgetary Slack and Why Is It an Issue

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What is budgetary slack and why is it an issue in budget preparation?


Definitions:

Federal Court

Courts established under the federal government of the United States, having jurisdiction over matters not reserved to the states and interpreting federal laws, including the Constitution.

Patent Application

A request pending at a patent office for the grant of a patent for the invention described and claimed by that application.

Patent Infringement

Occurs when a third party makes, uses, sells, offers to sell, or imports a patented invention without the patent owner’s permission.

Injunction

A court order compelling a party to do or refrain from specific acts, used to prevent harm or to preserve the status quo during litigation.

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