Public Health

Environmental Site Assessment
An Environmental Site Assessment (ESA) is an evaluation of a property to determine the presence or absence of environmental contamination, ensuring compliance with environmental regulations and safeguarding public health.
Food and Drug Administration (FDA)
The Food and Drug Administration (FDA) is a federal agency of the United States Department of Health and Human Services responsible for protecting and promoting public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products, medical devices, food supply, cosmetics, and products that emit radiation.
Food and Drug Administration (FDA)
The Food and Drug Administration (FDA) is an administrative agency of the U.S. Department of Health and Human Services that regulates the safety and quality of foodstuffs, pharmaceuticals, cosmetics, and medical devices.
Police Power
Police power refers to the inherent power of governments to impose restrictions on private rights that are reasonably related to the promotion and maintenance of the health, safety, morals, and general welfare of the public.
Repressive Tax
Repressive taxes, often called sin taxes, are designed to discourage certain activities rather than generate revenue. High tariffs and taxes on commodities such as tobacco and alcohol are examples of repressive taxes intended to reduce the consumption of these products by raising their prices.
Sewer
A sewer is a system of pipes, containment areas, and treatment facilities designed for the disposal of waste and the containment of rainwater. This infrastructure plays a crucial role in maintaining public health and environmental quality by efficiently managing sewage and stormwater.
Sin Tax
A sin tax is a specific type of tax imposed on goods that are considered harmful to individuals and society, such as alcohol, tobacco, and gambling. This tax aims to reduce consumption of these products, improve public health, and generate revenue for the government.
Welfare State
A welfare state is a form of governance in which the government plays a key role in the protection and promotion of the economic and social well-being of its citizens. This is achieved through a comprehensive array of services such as medical care, minimum income guarantees, and retirement pensions.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.