| A | B |
| inauguration | a formal ceremony used to place someone in a public office |
| precedent | prior example |
| cabinet | the group of department heads who serve as the president's chief advisors |
| national debt | money owed by the government |
| bond | a certificate issued by a government or business in return for a loan of money |
| speculator | one who engages in buying or selling of stocks, bonds, or land to make a profit |
| Bank of the United States | either of the two national banks funded by the federal government and private investors established by Congress, the first in 1791 and the second in 1816 |
| tariff | taxes on imports or exports |
| Whiskey Rebellion | an uprising of farmers in Pennsylvania who protested a federal tax on whiskey. Federal troops squashed the rebellion |
| XYZ Affair | a 1797 incident in which French officials demanded a bribe from US diplomats |
| Alien and Sedition Acts | a series of four laws enacted in 1798 to reduce the political power of recent immigrants to the United States |
| sedition | a stirring up of rebellion against a government |
| nullify | to consider void |
| Kentucky and Virginia Resolutions | resolutions in reponse to the Alein and Sedition Acts that asserted the priciple of nullification, or the right to nullify any act of Congress they deem unconstitutional |
| states rights | powers granted to states under the Constitution |
| Judiciary Act | an 1801 law that increased the number of federal judges allowing President John Adams to fill most of the new posts with Federalists |