Which term means a law or regulation?

• A. Federal
• B. Clause
• C. Credit
• D. Ordinance

Answer: (D)

A law or regulation at the local level is called an ordinance. It’s the formal rule enacted by a city or town to govern day-to-day matters, like building codes, zoning, or noise restrictions. The term helps distinguish local rules from higher-level laws.

For contrast, federal refers to nationwide laws created by the national government, which is broader than a single municipality. A clause is a specific provision within a document or contract, not the whole rule or ordinance itself. Credit is a финансов term related to borrowing or acknowledgment, not a law or regulation.