Define Federal system. Federal system synonyms, Federal system pronunciation, Federal system translation, English dictionary definition of Federal system. n. 1. a. A system of government in which power is divided between a central authority and constitue
A federal government is a central government of a nation. In a federal system, the nation is divided up into a number of regional governments, such as state or provincial governments, that are subordinate to the central system.What is Federal Government? A federal system of government is one...
US)the system of government as defined in the Constitution which is based on theseparation of powersamong three branches: theexecutive branch, thelegislativebranch and thejudicialbranch. This system provides a series ofchecks and balancesbecause each branch is able to limit the power of the others...
Define federal government. federal government synonyms, federal government pronunciation, federal government translation, English dictionary definition of federal government. n the national government of a federated state, such as that of Australia locat
The meaning of FEDERAL is of or constituting a form of government in which power is distributed between a central authority and a number of constituent territorial units. How to use federal in a sentence.
The meaning of FEDERAL RESERVE SYSTEM is the central banking system of the U.S. consisting of 12 districts with a Federal Reserve bank in the principal commercial city of each district.
pertaining to or of the nature of a union of states under a central government distinct from the individual governments of the separate states, as in federal government federal system of, relating to, or noting such a central government: ...
Banking regulationwas mostly a matter dealt with by individual states prior to the Civil War with the exception of theFirst and Second Banks of the United States. These were short-lived precursors to the Federal Reserve System administered by the federal government.1 ...
Federal Reserve notes were first issued after the creation of theFederal Reserve System (FRS)in 1913. Before 1971, each Federal Reserve note issued was backed by a legally specified amount of gold held by the U.S. Treasury, however, private citizens were not allowed to redeem notes for gold...
1 Definition A federation with a single monarch as over-all head of all the states under federation. 1.1 Oxford Dictionary A federation with a single monarch as over-all head of all the states under federation or a non monarchical system of government with a federation of states. ...