Public Finance
/ˈpʌblɪk faɪˈnæns/
Definitions
- (n.) The study and management of government revenues, expenditures, and debt to influence a country's economy and fulfill public policy objectives.
The government’s approach to public finance includes taxation and budgeting strategies.
Related terms
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Commentary
Public finance is primarily conceptualized as a noun encompassing a broad range of government financial activities; legal texts often address its aspects under fiscal regulation and constitutional provisions.
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.