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Haushaltsrecht

budgetary law; the body of rules governing public finances

noun HOWS-halts-rekht Rare

Usage Note

Haushaltsrecht is the body of legal rules that govern how public authorities draw up, approve and execute their budgets. It is regulated at federal level in the Bundeshaushaltsordnung and at state level in corresponding Landeshaushaltsordnungen. Finance ministers and budget committees work within these constraints.

Examples

"Dieses Projekt ist haushaltsrechtlich nicht gedeckt."

Natural Translation

This project is not covered under budgetary law.

Literal Translation

This project is not covered budget-law-wise.

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