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. However, arguably Jerome is here not inventing the concept of sense-for-sense translation, which most scholars believe was invented by Cicero in "De optimo genere oratorum" ("The Best Kind of Orator"), when he said that in translating from Greek to Latin "I did not think I ought to count them out to the reader like coins, but to pay them by weight, as it were." And he is certainly not even coining the term "word-for-word," but borrowing it from Cicero as well, or possibly from Horace, who warned the writer interested in retelling ancient tales in an original way "Nec