Financial Autonomy
/ˈfaɪnænʃəl ɔːˈtɒnəmi/
Definitions
- (n.) The legal and practical ability of an entity, such as a state or organization, to control its own financial resources without external control or influence.
The constitution guarantees the region financial autonomy to manage its budget independently.
Forms
- financial autonomy
- financial autonomies
Related terms
See also
Commentary
Financial autonomy often involves statutory or constitutional provisions delineating the scope of financial control and limits on interference, important in federal systems or decentralized governance.
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.