Statute law

Updated: Aug 20, 2021

That part of the law which owes its origin to Acts of Parliament. It should be distinguished from common law, which is built on custom and precedent.

Reference: The Penguin Business Dictionary, 3rd edt.

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.