Regulatory Compliance Vocabulary

noun a person who formally examines and verifies financial accounts

• The auditor thoroughly reviewed the company's financial statements for accuracy.
• The auditor is coming in next week to check our books.
• I heard the auditor is going to be snooping around the office soon.
• She acted as an auditor of her own life, carefully examining her choices and actions.

noun the business conducted or services offered by a bank

verb present participle of the verb 'to bank', which can mean to deposit money in a bank or to engage in the business of banking

• Banking regulations are constantly evolving to ensure the stability of the financial system.
• I need to stop by the bank to deposit this check.
• I'm broke, so I'll have to hit up the bank of mom and dad for some cash.
• Investing in education is like putting money in the 'bank' for future success.

verb to take strong action to prevent or limit something

adverb in a strict or forceful manner

• The government is planning to clamp down on tax evasion by implementing stricter regulations.
• The school is going to clamp down on students skipping classes.
• The boss said he's going to clamp down on employees slacking off at work.
• It's time for us to clamp down on our spending and start saving more money.

noun a person or thing that complies with rules or requests

adjective showing a willingness to comply with rules or requests

• The company ensured that all their procedures were compliant with the industry regulations.
• Make sure you fill out the form correctly so it's compliant with the rules.
• Don't worry about it, I'll just wing it and hope it's compliant.
• Her actions were compliant with her values, even in the face of adversity.

noun laws or rules made by a government or authority

adjective relating to the making of laws

• The new legislation aims to regulate the use of drones in public spaces.
• Have you heard about the new legislation regarding smoking in public places?
• I'm not sure if I agree with that legislation, it seems a bit too much.
• The legislation acted as a safety net for consumers in the market.

verb past tense of 'license', meaning to give official permission for something

adjective describing a person or thing that has official permission to do something

• Only a licensed professional is allowed to perform that procedure.
• Make sure you go to a licensed mechanic for your car repairs.
• I heard he's a licensed badass on the basketball court.
• She was a licensed expert in navigating difficult conversations.

verb to formally forbid by law, rule, or other authority

• The new law will prohibit smoking in all public places.
• My mom prohibits me from staying out past midnight.
• They have a strict 'no phones' policy at that restaurant, they basically prohibit any phone use.
• Fear should not prohibit you from pursuing your dreams.

noun a person who dishonestly claims to have special knowledge and skill in some field, typically medicine

• The veterinarian explained that ducks make a 'quack' sound.
• I heard a loud 'quack' coming from the pond.
• The comedian's joke landed with a 'quack' from the audience.
• The politician's promises turned out to be nothing but 'quackery'.

noun a place where animal hides are processed and turned into leather

• The tannery is responsible for processing raw animal hides into leather.
• I heard the tannery down the street is finally reopening after renovations.
• I wouldn't go near that tannery, it smells awful.
• Her mind was like a tannery, constantly processing and transforming raw ideas into refined thoughts.

noun A concentrated animal feeding operation, where large numbers of animals are raised in confined spaces for food production

• The CAFO regulations require strict adherence to environmental standards.
• The CAFO down the road has been causing a lot of pollution issues.
• I heard that CAFO is really messing up the water supply in that area.
• The CAFO is like a ticking time bomb for the local ecosystem.

noun A person who accepts or follows rules set by others

• The country decided to become a rule taker in order to gain access to the single market.
• He doesn't want to be a rule taker, but he knows it's necessary for now.
• Being a rule taker sucks, but it's better than being completely isolated.
• She felt like a rule taker in her own life, always following someone else's guidelines.

adjective relating to or having the power to make decisions or judgments, especially in a legal context

• The adjudicatory process is crucial in resolving legal disputes.
• The adjudicatory hearing will determine who is at fault.
• I heard the adjudicatory meeting got pretty heated.
• Her mind was like an adjudicatory panel, carefully weighing all the options before making a decision.