A | B |
precedent | an act or decision that sets an example for others to follow |
cabinet | the department heads of the President ie. Sec of State, Sec. of War |
Judiciary Act | Law providing 1 Chief Justice and 5 associate justices of the Supreme Court |
John Jay | First Chief Justice of the Supreme Court |
bond | government certificate which will pay its face value plus interest |
national debt | the amount of money that a government owes |
speculator | someone willing to invest in a risky venture or chance of making a big profit |
tariff | a tax on foreign goods |
Whiskey Rebellion | 1794 farmers revolt protesting the tax on whiskey |
Bank of the United States | a 1791 law setting up a way that the U.S. could make money to get us out of debt |
Alexander Hamilton | First Secretary of the Treasury |