soft money

English - Turkish

Definition of soft money in English Turkish dictionary

kağıt para

kâğıt para

English - English

Definition of soft money in English English dictionary

Political donations made in such a way as to avoid federal regulations or limits, as by donating to a party organization rather than to a particular candidate or campaign. In the U.S., paper money as contrasted with coins, or hard money; also, unregulated monetary donations to political parties or candidates. In the 19th and early 20th centuries, advocates of soft money favoured governmental deficit spending to stimulate consumption and employment. Fiscal conservatives, who put their trust in hard money, maintained that government should not spend beyond its resources. In the late 20th century, strict regulations governed the source, amount, and use of donations to particular candidates (hard money), but few such laws applied to contributions for the general promotion of a political party's message (soft money). In 2002 the U.S. Congress passed legislation that prohibited soft money contributions to the national political parties and strictly limited such contributions to state and local parties

political contributions made in such a way as to avoid the United States regulations for federal election campaigns (as by contributions to a political action committee)

funds that can be used by a political party to promote itself but not to promote a particular candidate (not subject to federal regulation); unstable currencies that are not accepted worldwide

Hyphenation

soft mon·ey

Turkish pronunciation

sôft mʌni

Pronunciation

/ˈsôft ˈmənē/ /ˈsɔːft ˈmʌniː/