Emergency Economic Powers
/ˌɛmərˈdʒɛnsi ˌɛkəˈnɑːmɪk ˈpaʊərz/
Definitions
- (n.) Statutory authorities granted to the executive branch to regulate or restrict economic activity during national emergencies.
The president invoked the emergency economic powers to impose sanctions on foreign entities.
Forms
- emergency economic powers
- emergency economic power
Related terms
See also
Commentary
Typically exercised under specific statutes like the International Emergency Economic Powers Act; its use often involves balancing national security with economic freedom.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.