Statute

Business, Legal & Accounting Glossary

Definition: Statute


Statute

Quick Summary of Statute


A written law passed by Congress or a state legislature and signed into law by the President or a state governor. (In fairly rare circumstances, a legislative act can become law without the approval of the head of the executive branch of government.) Statutes are often gathered into compilations called “codes,” large sets of books that can be found in many public and all law libraries, or sometimes on the Internet.




What is the dictionary definition of Statute?

Dictionary Definition


  1. Written law, as laid down by the legislature.
  2. (Common law) Legislated rule of society which has been given the force of law by those it governs.

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https://payrollheaven.com/define/statute/
Modern Language Association (MLA):
Statute. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2021 https://payrollheaven.com/define/statute/.
Chicago Manual of Style (CMS):
Statute. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/statute/ (accessed: November 30, 2021).
American Psychological Association (APA):
Statute. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/statute/

Definition Sources


Definitions for Statute are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd April, 2020 | 4 Views.