Financial Sovereignty
/ˈfaɪnænʃəl ˈsɑːvrɪnti/
Definitions
- (n.) The authority of a state or governing body to control its own financial policies, resources, and economic decisions without external interference.
The country's financial sovereignty was compromised by the international bailout conditions.
Forms
- financial sovereignty
Related terms
See also
Commentary
Often discussed in the context of international law and economic independence, financial sovereignty highlights a state's control over its financial system and policy decisions, especially in relation to supranational entities or foreign creditors.
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.