Русско-англо-русский юридический словарь

A natural monopoly is a monopoly in an industry in which it is most efficient (involving the lowest long-run average cost) for production to be concentrated in a single firm. This market situation gives the largest supplier in an industry, often the first supplier in a market, an overwhelming cost advantage over other actual and potential competitors, so a natural monopoly situation generally leads to an actual monopoly. (Wikipedia)

A banking license is a prerequisite for a financial institution that wants to provide banking services. Under most jurisdictions the fundamental banking activities, such as taking deposits from the general public are exclusive to holders of a banking license. (Wikipedia)

The term movable property is primarily used in places with legal systems based on civil law, as is the case in continental Europe, most of Latin America, and many countries in Africa and Asia. The analogous term in countries with legal systems based on British common law, such as Great Britain and the United States, is personal property, also sometimes referred to as personalty or chattels. These jurisdictions also sometimes use the term movable property, however. (WiseGEEK)

The head of state is the highest-ranking constitutional position[note 1] in a sovereign state. The head of state is vested with powers to act as the chief public representative of that state. Heads of state in most countries are natural persons holding an office. In a monarchy the reigning monarch is the head of state, though the title may not be king or queen. In a republic the head of state is usually titled president, but may have other titles such as chairman. (Wikipedia)