Home > Term: sanction
sanction
1. To approve or give permission for an action, as when an international organization sanctions the use of particular economic policies. 2. A coercive measure used by a nation or group of nations against another as a penalty for violating international law or international norms. Usually plural: sanctions.
- Part of Speech: noun
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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Creator
- Noroc
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