Русско-англо-русский юридический словарь

A state of emergency is a governmental declaration that announces that the country is in a state of emergency. This means that the government can suspend and/or change some functions of the executive, the legislative and or the judiciary during this period of time. It alerts citizens to change their normal behaviour and orders government agencies to implement emergency plans. A government can declare a state of emergency during a time of natural or man-made disaster, during a period of civil unrest, or following a declaration of war or situation of international/internal armed conflict. (Wikipedia)

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)

In a much-awaited announcement this week, the Reserve Bank of India (the RBI) granted permission to IDFC, an infrastructure finance firm and Bandhan Financial Services, a micro-lender to the poor, to start banks. The lucky pair was chosen from a group of 25 firms that had applied for a banking license nine months ago. (Forbes)

Real property is property in the form of land, what lies beneath the land, and objects fixed to the land. For example, if someone owns a house, this is considered real property, as are the mineral deposits underneath the house and the land the house physically stands on. People may refer to real property as real estate or immovable property. The common law terms equivalent to immovable property are “real property” or “real estate.” (WiseGEEK)