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sanction definition - finance
  1. Any of various penalties that may be imposed against an entity or an individual who has violated federal securities laws.
  2. Any of various penalties that may be imposed against a government, typically by using trade sanctions. In addition, international organizations such as the United Nations may issue sanctions against countries as a deterrent to undesirable activities.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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