Fiscal space Fiscal space Fiscal space is the flexibility of a government in its spending choices, and, more generally, to the financial well-being of a government. Peter Heller (2005) defined it “as room in a government’s budget that allows it to provide resources for a desired purpose without jeopardizing the sustainability of its financial position or the stability of the economy.” There are different exact definitions for the term, and different metrics on how to measure it. The most influential definitions of the term come from international institutions, e.g., the International Monetary Fund (IMF) and the World Bank, the United Nations agencies,
Sense-for-sense translation Sense-for-sense translation Sense-for-sense translation is the oldest norm for translating. It fundamentally means translating the meaning of each whole sentence before moving on to the next, and stands in normative opposition to word-for-word translation (also known as literal translation), which means translating the meaning of each lexical item in sequence. The coiner of the term "sense-for-sense" was Jerome in his "Letter to Pammachius", where he said that, "except of course in the case of Holy Scripture, where even the syntax contains a mystery," he translates "non verbum e verbo sed sensum de sensu": not word for word but sense for