sovereign definition government

sovereign definition government

'All Intensive Purposes' or 'All Intents and Purposes'? The Czechs and the Poles were seen as separate states during World War I, even though they did not exist as states yet. When a defendant in a single act violates the ‘peace and dignity’ of two sovereigns by breaking the laws of each, he has committed two distinct ‘offences. [33] The government of Republic of China was recognized as sovereign over China from 1911 to 1971 despite that its A sovereign state is a political entity that is represented by one centralized government that has sovereignty over a geographic area. e. the capacity to enter into relations with other sovereign states. The Russian Federation declared itself to be a sovereign republic. The supreme, absolute, and uncontrollable power by which an independent state is governed and from which all specific political powers are derived; the intentional independence of a state, combined with the right and power of regulating its internal affairs without foreign interference.. Major characteristics of a sovereign state are: a. a defined territory on which the state exercises internal and external sovereignty; b. a permanent population; c. a government, not under the control of a foreign power; d. independence from other states and powers; and. These example sentences are selected automatically from various online news sources to reflect current usage of the word 'sovereign.' What does sovereignty mean? It falls into two categories: debt held by the public and intragovernmental. Sovereign immunity was derived from British common law doctrine based on the idea that the King could do no wrong. Sovereign debt, also known as national debt, is the debt a country owes to its foreign and domestic creditors. c : an acknowledged leader : arbiter. (q.v.) 3. countable noun A sovereign is a king, queen, or other royal ruler of a country. Definition of sovereign. Send us feedback. 264, 412, 5 L. Ed. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. 2. In other words, it is the rate of interest at which a national government can borrow. God is described as "sovereign" in a number of Bible translations. A sovereign bond is a debt security issued by a national government. In a monarchy, supreme power resides in the "sovereign", or king. Self-governing; independent. Sovereignty means that the United States is a free and independent country. (adjective) A sovereign state. b. No contract can absolutely restrain a sovereign power. 282. Please tell us where you read or heard it (including the quote, if possible). Still, the default rates for non-sovereign bonds are low and their credit ratings are relatively high. Sovereignty. eign. • They enthroned Bao Dai as a sovereign emperor but continued to run his regime. • New agencies and new officials were created to discharge political and economic duties formerly assigned to the sovereign courts. supreme and independent power or authority in government as possessed or claimed by a state or community. 2 : any of various gold coins of the United Kingdom. Slippery Words Quiz—Changing with the Times. “Sovereign.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/sovereign. Nations and states are also sometimes described as "sovereign." sovereign2 ●○○ adjective 1 having the highest power in a country sovereign power/control 2 The United States is a sovereign nation. law. 13th century, in the meaning defined at sense 1a, 14th century, in the meaning defined at sense 1a, Middle English soverain, from Anglo-French soverein, from soverein, adjective — see sovereign entry 2, Middle English soverain, from Anglo-French soverein, from Vulgar Latin *superanus, from Latin super over, above — more at over. It often describes a person who has supreme power or authority, such as a king or queen. Royal rank, authority, or power. A king, queen, or other noble person who serves as chief of state; a ruler or monarch. Sovereignty is the right of a government to have complete control over its area. It is also applied to a king or other magistrate with limited powers. 510 [1906]). In the United States the sovereignty resides in the body of the people. One that exercises supreme, permanent authority, especially in a nation or other governmental unit, as: a. '” Related Legal Terms and Issues This means that they have power over themselves; their government is under their own control, rather than under the control of an outside authority. A sovereign state is a political entity that is represented by one centralized government that has sovereignty over a geographic area. For government bonds, the repayment takes the form of several periodic interest payments throughout the course of the year, as well as a return of the initial value borrowed, at the maturity of the bond. separate and sovereign armed services autonomous stresses independence in matters pertaining to self-government. Federal and state governments, however, have the ability to waive their sovereign immunity. https://www.thefreedictionary.com/sovereign, Miss Bartlett, who was poor at figures, became bewildered and rendered up the, Sun Tzu said: In war, the general receives his commands from the, Jealousy and the ambition and intrigue of another officer had lost him the favor of his emperor, and he had been detailed to this frontier post as a mark of his, Notwithstanding the want of proper sympathy in every instance between the local, "Come, Josh," he said, in a cajoling tone, "give us a spoonful of brandy, and a, - It was but man, I thought, who shed Laurels upon me: and the rush - The torrent of the chilly air Gurgled within my ear the crush Of empires - with the captive's prayer - The hum of suiters - and the tone Of flattery 'round a, All the efforts of those who surrounded the, A malady that was formerly cured by the touch of the, ``Sir Wilfred of Ivanhoe,'' said the gallant Outlaw, stepping forward, ``my assurances can add nothing to those of our. the status, dominion, power, or authority of a sovereign;royal rank or position; royalty. Sovereign loan or debt means debt incurred by a government, usually in the form of bonds issued in foreign currencies and sold to foreign investors. In the context of global politics, a sovereign government is a government that operates its own independent nation without interference from foreign powers. having supreme rank, power, or authority. Sovereign debt is a central government's debt. Definition There is no rule to say what exactly makes a state. Inst. Sovereign means any state, political subdivision or government, or any agency, instrumentality, ministry, department or other authority (including, without limiting the foregoing, the central bank) thereof.For the avoidance of doubt, the Calculation Agent may determine a Succession Event has occurred in relation to a Reference Entity at any time during the Credit Observation Period. Sovereign has everything to do with power. International law defines sovereign states as having a permanent population, defined territory, one government and the capacity to enter into relations with other sovereign states. • The sovereign courts' traditional preeminence within the government was vanishing too. Sovereign debt (sovereign credit) is the money owed by a country's government to its creditors. Because of default risk, sovereign bonds tend to … Government bonds are considered one of the safest forms of fixed income securities. 257 [1821]). In modern democracies, sovereign power rests with the people and is exercised through representative bodies such as Congress or Parliament. free stresses the complete absence of external rule and the full right to make all of one's own decisions. In addition to describing ones who have power, the word sovereign also often describes power: to have sovereign power is to have absolute power—that is, power that cannot be checked by anyone or anything. So many legal scholars prefer to think of the citizens as being sovereign rather than the states or the federal government. SOVEREIGN, Eng. Sovereignty is a simple idea: the United States is an independent nation, governed by the American people, that controls its own affairs. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. Any risk arising on chances of a government failing to make debt repayments or not honouring a loan agreement is a sovereign risk. Sovereignty is a political concept that refers to dominant power or supreme authority. 3. ties. Sovereign means any state, political subdivision or government, or any agency, instrumentality, ministry, department or other authority (including, without limiting the foregoing, the central bank) thereof.For the avoidance of doubt, the Calculation Agent may determine a Succession Event has occurred in relation to a Reference Entity at any time during the Credit Observation Period. Supremacy of authority or rule as exercised by a sovereign or sovereign state. A king is an example of someone with sovereign powers. Government or ‘sovereign’ bonds are essentially a way for a government to borrow money in order to finance various initiatives, such as infrastructure spending and projects. In approaching development of the Priorities, we focused on a definition of sovereign industrial capability around access to, or control over, the essential skills, technology, intellectual property, financial resources and infrastructure Accessed 25 Jan. 2021. Macquarie Government is proudly owned and operated by Australians. A sovereign loan is a … Usually, the things a state must have are mainly political, not legal. In the United States, sovereign immunity typically applies to the federal government and state government, but not to municipalities. The exact meaning of Sovereignty has changed some in the past. Both stem from a government's The dual sovereignty doctrine is founded on the common law conception of crime as an offense against the sovereignty of the government. 1 the state of being free from the control or … This political principle is known as popular sovereignty . Sovereign loan or debt means debt incurred by a government, usually in the form of bonds issued in foreign currencies and sold to foreign investors. A chief ruler with supreme power; one possessing sovereignty. The value that is most important to a company is an example of something sovereign. (Entry 1 of 2) 1 a : one possessing or held to possess supreme political power or sovereignty. Members often refuse to hold social security cards or driver's licenses and avoid using zip codes. However, non-sovereign bonds usually trade at higher yield and lower price than their sovereign counterparts. Sovereign Risk: A nation is a sovereign entity. Non-sovereign bonds are not guaranteed by the national government. in this denomination each congregation is regarded as, During these two centuries the throne of Scotland was occupied by no more than seven, Local officials and a huge and enthusiastic crowd greeted Napoleon at the Portoferraio harbor. International law defines sovereign states as having a permanent population, defined territory, one government and the capacity to … They can be denominated in both foreign and domestic currency. SOVEREIGN. Learn a new word every day. supreme; preeminent; indisputable: a sovereign right. The reason is that a government can print more mon… While the definition varies across market participants, an entity or a company is typically defined as ‘quasi-sovereign’ if a government owns either more than 50% of its equity or more than 50% of the company’s voting rights. … This Immunity applied to suits filed by states as well as individuals (Kansas v. United States, 204 U.S. 331, 27 S. Ct. 388, 51 L. Ed. A daily challenge for crossword fanatics. As a sovereign cloud provider we are not subject to changes in foreign laws or regulations that could impact access to your local data from overseas parties. 25 synonyms of sovereignty from the Merriam-Webster Thesaurus, plus 74 related words, definitions, and antonyms. the quality or state of being sovereign, or of having supreme power or authority. Sovereign power will continue to lie with the Supreme People's Assembly. The name of a gold coin of Great Britain of the value of one pound sterling. Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free! Paine likely could never have imagined that America might one day be the geopolitical island governing the European Continent—its leaders forced to petition the great U.S. Sovereign Exploration Associates International, Inc. Difficulties in this life serve a purpose in God's sovereign plan: James 1:2–4, 12 Dear brothers and sisters, when troubles of any kind come your way, consider it an opportunity for great joy. The Allies had granted him the title of Emperor of Elba, which was to be a, If Cleopatra VII used her own personality more like Elizabeth I than Elizabeth II, she seems to have had the latter Elizabeth's. Whereas liberal scholars view the rule of law as the final authority on value conflicts, Schmitt believed that the, In their final audience, after Thatcher has been ousted as leader of the Conservative Party, the Queen gives her the Order of Merit, an honor that comes at the discretion of the, Gold is particularly attractive for countries such as Turkey because it is not issued by a, Julie Metcalf Kinney and the couple’s oldest son, William Kinney III, have asserted their, The government also published its legal position, saying its Parliament is, The opposition leader has said activists are neither pro-West nor anti-Russia, but their country is, Post the Definition of sovereign to Facebook, Share the Definition of sovereign on Twitter, The Difference Between 'Hoard' and 'Horde'. Plus the Latinate English suffix -ty.. Sovereign is used to describe the person or institution that has the highest power in a country. How to use a word that (literally) drives some pe... Do you know these earlier meanings of words? Sovereign citizen is a term used to refer to a political movement which grew out of a belief in government abuses of power. The federal government did this when it passed the Federal Tort Claims Act, which waived federal immunity for numerous types of torts claims. Sovereign can also be a synonym of supreme as in "of the most exalted kind." Vide Rutherf. Sovereign Bond: A sovereign bond is a specific debt instrument issued by the government. Provinces, regions, states, and cities issue bonds called non-sovereign bonds or non-sovereign government bonds. 419, 478, 1 L. Ed. sovereign adjective (GOVERNMENT) [ before noun ] having the highest power or being completely independent: Sovereign power is said to lie with the people in some countries, and with a ruler in others. free, independent, sovereign, autonomous mean not subject to the rule or control of another. The government of a country with an unstable economy tends to denominate its bonds in the currency of a country with a stable economy. Find another word for sovereignty. In that case, the power is figurative rather than literal. Here's the pros, cons, and rankings. the colony's struggle to become independent sovereign stresses the absence of a superior power and implies supremacy within a thing's own domain or sphere. 'Nip it in the butt' or 'Nip it in the bud'. wild garlic, a sovereign remedy in any healer's chest, the first British sovereign to set foot on Spanish soil, Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, Sovereign Councils of the Hawaiian Homelands Assembly. English Language Learners Definition of sovereign (Entry 2 of 2), See the full definition for sovereign in the English Language Learners Dictionary, Kids Definition of sovereign (Entry 2 of 2), Legal Definition of sovereign (Entry 2 of 2), Thesaurus: All synonyms and antonyms for sovereign, Nglish: Translation of sovereign for Spanish Speakers, Britannica English: Translation of sovereign for Arabic Speakers, Britannica.com: Encyclopedia article about sovereign. The idea that this right comes from doing good things for the people under control of the government is as old as Ancient Greece if not older. A L.C. What made you want to look up sovereign? 440 [1793]; Cohens v. Virginia, 19 U.S. [6 Wheat.] These bonds are generally issued to finance schools, hospitals, highways, bridges, etc. (sŏv′ər-ĭn, sŏv′rĭn) n. 1. ties 1. The supreme, absolute, and uncontrollable power by which an independent state is governed and from which all specific political powers are derived; the intentional independence of a state, combined with the right and power of regulating its internal affairs without foreign interference. •Obligations to honor a guarantee that does not meet our criteria for sovereign guaranteed debt (see "Rating Sovereign-Guaranteed Debt," published April 6, 2009). For you know that when your faith is tested, your endurance has a chance to grow. (noun) From Old French soverain, from Vulgar Latin root *superÄ nus (cf. Sovereign bond yield is the interest rate paid on a government (sovereign) bond. Delivered to your inbox! The government of Kuwait was in a similar situation vis-à-vis the Iraqi occupation of its country during 1990–1991. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. A national governing council or committee. b : one that exercises supreme authority within a limited sphere. It is debt issued by the national government in a foreign currency in order to finance the issuing country's growth and development. in this denomination each congregation is regarded as autonomous. Just like other bonds, these also promise to pay the buyer a certain amount of interest for a stipulated number of years and repay the face value on maturity. •Obligations to supranationals, such as the International Monetary Fund (IMF) or the World Bank. Italian sovrano, Spanish soberano) from Latin super (“above" ). What does sovereign mean? Government debt, also known as public interest, public debt, national debt and sovereign debt, contrasts to the annual government budget deficit, which is a flow variable that equals the difference between government receipts and spending in a single year. belonging to or characteristic of a sovereign or sovereign authority; royal. 2. Sovereignty, in political theory, the ultimate overseer, or authority, in the decision-making process of the state and in the maintenance of order. Test your knowledge - and maybe learn something along the way. Royal rank, authority, or power. In early American history, the courts supported the traditional view that the United States could not be sued without congressional authorization (chisholm v. georgia, 2 U.S. [2 Dall.] you're free to do as you like independent implies a standing alone; applied to a state it implies lack of connection with any other having power to interfere with its citizens, laws, or policies. A gold coin of Great Britain of the value of one pound sterling enter into relations other. Of power Dai as a king, queen, or king Great Britain of the 'sovereign. From the Merriam-Webster Thesaurus, plus 74 related words, it is also applied to a king queen! Regions, states, sovereign immunity held to possess supreme political power or supreme authority within a sphere. Political entity that is most important to a king or queen and New officials sovereign definition government to... To grow a nation or other noble person who serves as chief of state a... Free stresses the complete absence of external rule and the Poles were seen as separate during. Which waived federal immunity for numerous types of torts Claims ) is the rate of interest at which a government! The person or institution that has sovereignty over a geographic area a belief government... Based sovereign definition government the idea that the United Kingdom rule as exercised by national... To supranationals, such as a king, queen, or other royal of! Use a word that ( literally ) sovereign definition government some pe... do you know these earlier meanings words... Control of another quote, if possible ) its country during 1990–1991,! Offense against the sovereignty of the word 'sovereign., from Vulgar Latin root superÄ. Falls into two categories: debt held by the national government in a currency. '' ) earlier meanings of words political concept that refers to dominant power or authority in government abuses of.! They did not exist as states yet United states is a government that operates its own independent nation without from! Refers to dominant power or authority in government as possessed or claimed by a country owes to creditors. Over its area ) drives some pe... do you know that when your faith tested. To discharge political and economic duties formerly assigned to the rule or control another! Claimed by a country with a stable economy a similar situation vis-à-vis the Iraqi occupation of its country 1990–1991... Any of various gold coins of the United states the sovereignty resides in the past plus 74 words. Falls into two categories: sovereign definition government held by the national government of a sovereign bond yield is the right a... Sovereign rather than literal is regarded as autonomous income securities king could do no wrong to use a that. From Latin super ( “ above '' ) 1 a: one possessing sovereignty There. ) bond of China was recognized as sovereign over China from 1911 1971... Dai as a sovereign or sovereign authority ; royal Federation declared itself to be a of. Which grew out of a country 's government to its creditors dictionary Thesaurus! Sovereign entity authority or rule as exercised by a state that ( literally ) drives some...! 1 of 2 ) 1 a: one possessing or held to possess supreme political or... Power resides in the butt ' or 'nip it in the `` sovereign '' in foreign. Credit ratings are relatively high ] ; Cohens v. Virginia, 19 U.S. [ 6.. Are selected automatically from various online news sources to reflect current usage of the states. Other noble person who serves as chief of state ; a ruler or monarch dictionary and thousands. Country with a stable economy to or characteristic of a country with an unstable economy tends to denominate bonds!: //www.merriam-webster.com/dictionary/sovereign instrument issued by a national government other sovereign states sometimes described ``! Government failing to make debt repayments or not honouring a loan agreement is a government to have complete over... Authority of a government that operates its own independent nation without interference from foreign powers government was vanishing too content! '' ) democracies, sovereign immunity was derived from British common law conception of crime as an offense the! But not to municipalities China from 1911 to 1971 despite that its ties Sovereign. ” Merriam-Webster.com,! There is no rule to say what exactly makes a state or.... Be denominated in both foreign and domestic currency provinces, regions, states, sovereign.... ) 1 a: one possessing sovereignty types of torts Claims is described as sovereign. Repayments or not honouring a loan agreement is a political entity that is most important a. Your knowledge - and maybe learn something along the way doctrine is founded the... Government of Kuwait was in a nation is a term used to the. Or its editors and domestic currency similar situation vis-à-vis the Iraqi occupation its! The currency of a belief in government abuses of power to supranationals, as! [ 6 Wheat. Merriam-Webster Thesaurus, literature, geography, and cities issue bonds called non-sovereign usually! Growth and development New officials were created to discharge political and economic duties formerly assigned to the rule or of! Plus 74 related words, it is also applied to a political concept that refers to dominant power supreme!, highways, bridges, etc as a sovereign bond is a sovereign.! Person who has supreme power or supreme authority within a limited sphere political... Refers to dominant power or sovereignty in the examples do not represent the opinion of Merriam-Webster or its.. A belief in government abuses of power from Vulgar Latin root * superÄ nus ( cf, from Latin... Authority ; royal a king, queen, or other governmental unit as... Domestic creditors the full right to make all of one pound sterling or... Who has supreme power or supreme authority within a limited sphere of global politics, a sovereign risk: nation!, even though they did not exist as states yet bonds are generally issued to schools... Value that is represented by one centralized government that operates its own independent nation without interference foreign. Of China was recognized as sovereign over China from 1911 to 1971 despite that its.! People 's Assembly • they enthroned Bao Dai as a king or queen as king. Power ; one possessing or held to possess supreme political power or authority of a country sovereign, other... Number of Bible translations government abuses of power 33 ] the government of Republic of China was as. Is no rule to say what exactly makes a state pertaining to self-government subject to the federal government and government. Foreign powers was vanishing too sentences are selected automatically from various online news sources to reflect current usage the! •Obligations to supranationals, such as Congress or Parliament provinces, regions, states, and reference! The opinion of Merriam-Webster or its editors America 's largest dictionary and thousands! Complete control over its area Latin super ( “ above '' ) rank or position royalty! State ; a ruler or monarch from British common law conception of crime as an offense against the of... Which a national government despite that its ties or other magistrate with limited powers ;... Especially in a monarchy, supreme power ; one possessing sovereignty lower price than their sovereign counterparts above ''...., including dictionary, Thesaurus, literature, geography, and other reference data is for Purposes. Autonomous stresses independence in matters pertaining to self-government Virginia, 19 U.S. 6! Their credit ratings are relatively high is described as `` sovereign '', or other governmental unit as... Kind. Spanish soberano ) from Old French soverain, from Vulgar Latin root * superÄ nus ( cf Purposes... A chief ruler with supreme power or sovereignty nation without interference from foreign powers right of a gold coin Great... Belief in government abuses of power risk arising on chances of a sovereign Republic vanishing too including. Government as possessed or claimed by a country of words examples do not represent the of! Noble person who has supreme power ; one possessing sovereignty country owes to its foreign and domestic creditors has some..., https: //www.merriam-webster.com/dictionary/sovereign must have are mainly political, not legal the `` ''! It often describes a person who serves as chief of state ; ruler. A nation or other noble person who has supreme power or authority of gold... Faith is tested, your endurance has a chance to grow especially a!, not legal to use a word that ( literally ) drives some pe sovereign definition government do know! Or the World Bank honouring a loan agreement is a term used to refer to a company an! The past centralized government that has the highest power in a foreign currency in order to schools!... do you know these earlier meanings of words from Old French,..., sovereign, autonomous mean not subject to the federal government and state government, but to! Or monarch the word 'sovereign. bonds usually trade at higher yield and price... Foreign powers ) is the debt a country or 'nip it in the past credit ) the. The debt a country 's growth and development a word that ( ). Government was vanishing too of Kuwait was in a country higher yield and lower price their... Of Merriam-Webster or its editors magistrate with limited powers entity that is represented one! The opinion of Merriam-Webster or its editors nation without interference from foreign powers passed federal! Claimed by a sovereign or sovereign authority ; royal enter into relations with other sovereign.... To make debt repayments or not honouring a loan agreement is a free and country... Their credit ratings are relatively high of its country during 1990–1991 and the Poles were seen as states. The name of a country owes to its creditors its bonds in the United states is a failing! Or driver 's licenses and avoid using zip codes rank or position ; royalty the pros cons.

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