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,
Four-letter word Four-letter word The phrase four-letter word refers to a set of English-language words written with four letters which are considered profane, including common popular or slang terms for excretory functions, sexual activity and genitalia, terms relating to Hell or damnation when used outside of religious contexts or slurs. The "four-letter" claim refers to the fact that a large number of (but not all) English "swear words" are incidentally four-character monosyllables. This description came into use during the first half of the twentieth century. Common four-letter words (in this sense) that are widely considered vulgar or offensive to a notable degree