Administrative Law

DEFINITION of 'Administrative Law'

The body of law that governs the administration and regulation of government agencies (both federal and state). Created by Congress (or the state legislature) it encompasses the procedures under which these agencies operate as well as external constraints upon them. Administrative law is considered a branch of public law and is often referred to as regulatory law.

BREAKING DOWN 'Administrative Law'

Over the years, government agencies have steadily grown both in number and importance in the United States. They affect a wide variety of social issues, such as telecommunications, the financial market and racial discrimination. Examples of these agencies include the Department of Labor (DOL), the Federal Communications Commission (FCC) and the Securities Exchange Commission (SEC).

RELATED TERMS
  1. State Administrator

    The government agency or official who oversees and enforces state-level ...
  2. Business To Government - B To G

    Professional affairs conducted between companies and regional, ...
  3. Bureau Of Public Debt

    An agency of the United States Department of the Treasury that ...
  4. Administrative Charge

    A fee charged by an insurer or other agency responsible for administering ...
  5. Employment And Training Administration ...

    A federal agency that operates under the U.S. Department of Labor. ...
  6. Combination Agency

    A type of agency which combines segments that are normally separate. ...
Related Articles
  1. Personal Finance

    Hiring? Regulations Small Businesses Need to Know

    When a small business becomes an employer, it has new responsibilities. Make sure you familiarize yourself with regulatory requirements.
  2. Markets

    What's the SEC?

    The Securities and Exchange Commission (SEC) is an independent agency of the United States government. The mission of the SEC is to enforce securities laws passed by congress. These laws aim ...
  3. Personal Finance

    6 Reasons to Use a Household Help Agency

    It's not just because they find you well-qualified workers. Agencies spare you the paperwork and taxes required when you hire on your own.
  4. Markets

    Law Of Diminishing Marginal Utility

    Learn about this law of economics related to consumption.
  5. Markets

    Who's Looking Out For Investors?

    If your account has been mishandled, FINRA and the SEC are among several organizations that can help.
  6. Managing Wealth

    Career Advice: Investment Banking Vs. Law

    Learn some of the most important differences between a career in investment banking and law, and figure out which career suits you better.
  7. Markets

    Can American Capital Agency Maintain Its Dividend?

    Dividend investors know that real estate investment trusts with REITs that invest in mortgage-backed securities produce double-digit dividend yields.
  8. Investing

    The Power of Major Credit Rating Agencies

    The performance of major independent credit rating agencies is a controversial topic, particularly due to the strength of their influence.
  9. Managing Wealth

    Career Advice: Accounting Vs. Law

    Identify the key differences between working in accounting and working in law. Understand which specific skills make you better-suited for each career.
  10. Investing

    Explaining Agency Costs

    Agency costs are incurred when there is conflict between a company’s management – or its agent – and the company’s principals – or its shareholders.
RELATED FAQS
  1. What are some of the major regulatory agencies responsible for overseeing financial ...

    Discover the specific responsibilities of some of the major regulatory agencies that oversee financial institutions in the ... Read Answer >>
  2. Can state and local governments in the US run fiscal deficits?

    Discover why most state and local governments do not – or cannot – run fiscal deficits in the same manner as the U.S. federal ... Read Answer >>
  3. Is a person registered for Financial Instruments Business eligible to conduct both ...

    Explore Japan's 2006 Financial Instruments and Exchange Law, and understand how the law affects investment services regulation. Read Answer >>
  4. How do sunshine laws help investors?

    Sunshine laws are U.S. federal and state laws that require regulatory authorities' meetings, decisions and records to be ... Read Answer >>
  5. Is the Social Security administration a government corporation?

    Learn the difference between a government agency and a government corporation, and how the Social Security Administration ... Read Answer >>
  6. Is the Social Security administration part of the executive branch?

    Learn about various classifications of the Social Security Administration over the years and how it is an independent agency ... Read Answer >>
Trading Center