Water authority search fee


 

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Water authority search fee

A fee charged by a solicitor as part of his conveyancing work for checking the infrastructture of the local water system and sewerage.



Water authority search fee

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Public housing authority bond

Public housing authority bond

Bonds of local public housing agencies that are secured by the federal government and whose proceeds are used to provide low-rent housing.


Authority

Authority

The concept in technical analysis that a trend in a share price is more meaningful if the number of shares traded (the 'volume') is high. A trend with low volume has less authority.


Financial Services Authority

Financial Services Authority

The replacement regulating body for the Securities and Investments Board (SIB). The FSA, which came into being on 28th October 1997, carries all regulatory responsibilities for the UK financial services industry. The overall broad objectives are:the protection of consumers of financial servicesthe promotion of clean and orderly marketsthe maintenance of confidence in the financial services systemIt is a criminal offence to conduct investment business without authorisation, and the FSA is empowered to prosecute those who break this rule. A Central Register is held which lists firms with authorisation.


Personal Investment Authority

Personal Investment Authority

A Self Regulating Organisation (SRO) authorised by the Financial Services Authority (FSA) which regulates the majority of companies conducting investment business with private investors in the financial services market.The PIA replaced FIMBRA and LAUTRO and some activities of IMRO and the SFA in 1994.All regulatory functions of the PIA were taken over by the Financial Services Authority (FSA) in December 2001.


Budget authority

Budget authority

Broad responsibility by Congress that government agencies have the power to spend federal funds. Congress can specify criteria for the spending of these funds. For example, it may stipulate that a given agency must spend within a specific year, number of years, or any time in the future. The basic forms of budget authority are; appropriations, authority to borrow, contract authority, and authority to obligate and expend offsetting receipts and collections. The period of time during which Congress makes funds available may be specified as one-year, multiple years or no year. The available amount may be classified as either definite or indefinite; a specific amount or an unspecified amount can be made available. Authority may also be classified as current or permanent. Permanent authority requires no current action by Congress.


Further Suggestions

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