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Treasurer And Receiver-General Of Massachusetts
The treasurer and receiver-general of Massachusetts is an elected constitutional officer in the executive branch of the U.S. state of Massachusetts. Originally appointed under authority of the Monarchy of the United Kingdom, English Crown pursuant to the Charter of the Massachusetts Bay Company, the office of treasurer and receiver-general (commonly called the "state treasurer") became an Direct election, elective one in 1780. Sixty-one individuals have occupied the office of state treasurer over the ensuing centuries. The incumbent is Deb Goldberg, a Massachusetts Democratic Party, Democrat who took office January 21, 2015. Election Term of office The treasurer is Direct election, elected by the people on Election Day in November to four-year terms, and takes office on the third Wednesday of the January following a general election. There is no term limit, limit to the number of terms a treasurer may hold. Institutionally speaking, the treasurer is thus Plural executive, independ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seal Of Massachusetts
The Great Seal of the Commonwealth of Massachusetts contains the coat of arms of Massachusetts. The coat of arms is encircled by the Latin text "Sigillum Reipublicæ Massachusettensis" (literally, ''The Seal of the Republic of Massachusetts''). The Massachusetts Constitution designates the form of government a "commonwealth", for which ''respublica'' is the correct Latin term. The seal uses the coat of arms of Massachusetts as its central element. An official emblem of the state, the coat of arms was adopted by the Legislature in 1775 and then reaffirmed by Governor John Hancock and his Council in 1780. The present rendition of the seal was drawn by resident-artist Edmund H. Garrett and was adopted by the state in 1900. While the inscription around the seal is officially in Latin, a variant with "Commonwealth of Massachusetts" in English is also sometimes used. History The first seal of Massachusetts Bay Colony showed a nude American Indian with a bush covering his genitals. L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massachusetts Democratic Party
The Massachusetts Democratic Party (MassDems) is the affiliate of the Democratic Party (United States), Democratic Party in Massachusetts. It is chaired by Steve Kerrigan and is the dominant party in the state, controlling all nine of the state's United States House of Representatives, U.S. House seats, both United States Senate, U.S. Senate seats, all six elected statewide offices including the Governor of Massachusetts, governorship, and supermajorities in both houses of the Massachusetts General Court, state legislature. Overview Headquartered in Boston, Massachusetts, the Massachusetts Democratic State Committee is responsible for publicizing the platform of the Massachusetts Democratic Party, the state affiliate of the United States Democratic Party. According to the party charter, the State Committee is charged with conducting state-level Political campaign, campaigns for the Democratic Party, coordinating efforts to fill vacancies in nominating candidates to Government of M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Management
Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contract, contracts/mandates or via collective investment schemes like mutual funds, exchange-traded funds, or REIT, Real estate investment trusts. The term ''investment management'' is often used to refer to the management of investment funds, most often specializing in private equity, private and public equity, real assets, alternative assets, and/or bonds. The more generic term ''asset management'' may refer to management of assets not necessarily primarily held for investment purpos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cash Flows
Cash flow, in general, refers to payments made into or out of a business, project, or financial product. It can also refer more specifically to a real or virtual movement of money. *Cash flow, in its narrow sense, is a payment (in a currency), especially from one central bank account to another. The term 'cash flow' is mostly used to describe payments that are expected to happen in the future, are thus uncertain, and therefore need to be forecast with cash flows. *A cash flow is determined by its time , nominal amount , currency , and account ; symbolically, . Cash flows are narrowly interconnected with the concepts of value, interest rate, and liquidity. A cash flow that shall happen on a future day can be transformed into a cash flow of the same value in . This transformation process is known as discounting, and it takes into account the time value of money by adjusting the nominal amount of the cash flow based on the prevailing interest rates at the time. Cash flow analys ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cash Management
Cash management refers to a broad area of finance involving the collection, handling, and usage of cash. It involves assessing market liquidity, cash flow, and investments. In banking, cash management, or treasury management, is a marketing term for certain services related to cash flow offered primarily to larger business customers. It may be used to describe all bank accounts (such as checking accounts) provided to businesses of a certain size, but it is more often used to describe specific services such as cash concentration, zero balance accounting, and clearing house facilities. Sometimes, private banking customers are given cash management services. Financial instruments involved in cash management include money market funds, treasury bills, and certificates of deposit. Common services The following is a list of services generally offered by banks and utilized by larger businesses and corporations: ;Account reconciliation: Bank reconciliation can be difficult for a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massachusetts Governor's Council
The Massachusetts Governor's Council (also known as the Executive Council) is a governmental body that provides advice and consent in certain matterssuch as judicial nominations, pardons, and commutationsto the Governor of Massachusetts. Councillors are elected by the general public and their duties are set forth in the Massachusetts Constitution. The Governor's Council has gone through many different formations throughout its history, at times being simply a legal counsel, also serving as provincial magistrates and judges, sometimes acting as an executive in the absence of a Governor, to serving as an upper house of the Massachusetts General Court (the state legislature). Whether going by the name of "Council of Assistants" or Governor's Council, the power of the council has ebbed and flowed; however, it has remained a mainstay in New England politics from the earliest colonial days of Massachusetts Bay. Qualifications Any person seeking to become a member of the Massachusett ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Advice And Consent
Advice and consent is an English phrase frequently used in List of enacting formulae, enacting formulae of bill (proposed law), bills and in other legal or constitutional contexts. It describes either of two situations: where a weak executive branch of a government enactment of a bill, enacts something previously approved of by the legislative branch or where the legislative branch concurs and approves something previously enacted by a strong executive branch. General The concept serves to moderate the power of one branch of government by requiring the concurrence of another branch for selected actions. The expression is frequently used in weak executive systems where the head of state has little practical power, and in practice the important part of the passage of a law is in its adoption by the legislature. United Kingdom In the United Kingdom, a constitutional monarchy, bills are headed: BE IT ENACTED by the Queen of the United Kingdom, King's most Excellent Majesty, by an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massachusetts Senate
The Massachusetts Senate is the upper house of the Massachusetts General Court, the bicameral state legislature of the Commonwealth of Massachusetts. The Senate comprises 40 elected members from 40 single-member senatorial districts in the state. All but one of the districts are named for the counties in which they are located (the "Cape and Islands" district covers Dukes, Nantucket, and parts of Barnstable counties). Senators serve two-year terms, without term limits. The Senate convenes in the Massachusetts State House in Boston, the state capital. Qualifications The following are the qualifications to be elected to the Massachusetts Senate: * Be 18 years of age * Be a registered voter in Massachusetts * Be an inhabitant of Massachusetts for five years * Be a resident of the district when elected * Receive at least 300 signatures on nomination papers Recent party control Democrats hold a supermajority in the Senate. Current leadership Current members and distri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massachusetts House Of Representatives
The Massachusetts House of Representatives is the lower house of the Massachusetts General Court, the State legislature (United States), state legislature of Massachusetts. It is composed of 160 members elected from 14 counties each divided into single-member electoral districts across the Commonwealth. The House of Representatives convenes at the Massachusetts State House in Boston, the state capital of Massachusetts. Qualifications Any person seeking to get elected to the Massachusetts House of Representatives must meet the following qualifications: * Be at least 18 years of age * Be a registered voter in Massachusetts * Be an inhabitant of the district for at least one year prior to election * Receive at least 150 signatures on nomination papers Representation Originally, representatives were apportioned by town. For the first 150 persons, one representative was granted, and this ratio increased as the population of the town increased. The largest membership of the House was 7 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impeachment
Impeachment is a process by which a legislative body or other legally constituted tribunal initiates charges against a public official for misconduct. It may be understood as a unique process involving both political and legal elements. In Europe and Latin America, impeachment tends to be confined to ministerial officials as the unique nature of their positions may place ministers beyond the reach of the law to prosecute, or their misconduct is not codified into law as an offense except through the unique expectations of their high office. Both " peers and commoners" have been subject to the process, however. From 1990 to 2020, there have been at least 272 impeachment charges against 132 different heads of state in 63 countries. Most democracies (with the notable exception of the United States) involve the courts (often a national constitutional court) in some way. In Latin America, which includes almost 40% of the world's presidential systems, ten presidents from seven coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Court Of Massachusetts
The Massachusetts General Court, formally the General Court of Massachusetts, is the state legislature of the Commonwealth of Massachusetts located in the state capital of Boston. The name "General Court" is a holdover from the earliest days of the Massachusetts Bay Colony, when the colonial assembly, in addition to making laws, sat as a judicial court of appeals. Before the adoption of the state constitution in 1780, it was called the Great and General Court, but the official title was shortened by John Adams, author of the state constitution. It is a bicameral body. The upper house is the Massachusetts Senate which is composed of 40 members. The lower body, the Massachusetts House of Representatives, has 160 members; until 1978, the state house had 240 members. It meets in the Massachusetts State House on Beacon Hill in Boston. Since 1959, Democrats have controlled both houses of the Massachusetts General Court, often by large majorities.Robert B. Hackey, ''Rethinkin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Of Massachusetts
The governor of the Commonwealth of Massachusetts is the head of government of the Commonwealth (U.S. state), Commonwealth of Massachusetts. The governor is the chief executive, head of the state cabinet and the commander-in-chief of the commonwealth's Massachusetts National Guard, military forces. Massachusetts has a Republicanism, republican system of government that is akin to a presidential system. The governor acts as the head of government while having a distinct role from that of the Massachusetts General Court, legislative branch. The governor has far-reaching political obligations, including ceremonial and political duties. The governor also signs bills into law and has Veto, veto power. The governor is a member of the Massachusetts Governor's Council, a popularly elected council with eight members who provide advice and consent on certain legal matters and appointments. Beginning with the Massachusetts Bay Colony, Massachusetts Bay Company in 1629, the role of the gove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
