Regulation

A rule set by the government that businesses or people have to follow.

In more detail

Regulations are written by government agencies to carry out laws Congress passes, and they cover things like food safety, pollution and banking. Supporters say they protect people; critics say too many raise costs and slow businesses down.

In a sentence

"A new regulation requires restaurants to post calorie counts."

Related words

Filed under money and the economy in the glossary, with every word used on How I Lean.

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