When the legislature makes a law that establishes rules for a specific type of taxation, this is an example of a statute.
- an established rule; formal regulation
- a law passed by a legislative body and set forth in a formal document
- such a document
Origin of statuteMiddle English ; from Old French statut ; from Late Latin statutum, neuter of Classical Latin statutus, past participle of statuere: see statue
- A law enacted by a legislature.
- A decree or edict, as of a ruler.
Origin of statuteMiddle English, from Old French estatut, from Late Latin stat&umacron;tum, from neuter of Latin stat&umacron;tus, past participle of statuere, to set up, from status, position; see sta- in Indo-European roots.
statute - Legal Definition