broad interpretation : Definition, Usages, News and More
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broad interpretation
n an interpretation of the U.S. constitution holding that the spirit of the times and the needs of the nation can legitimately influence judicial decisions (particularly decisions of the Supreme Court)
Judge endorses use of fraud law against Bank of America By Nate Raymond NEW YORK (Reuters) - A federal judge has endorsed a broad interpretation of a savings-and-loan era law that the Justice Department is trying to use in cases against Wall Street banks. U.S. District Judge Jed Rakoff in Manhattan said Monday that a "straightforward application of the plain words" of the Financial Institutional Reform, Recovery and Enforcement Act (FIRREA) allowed ...
Aug. 20, 2013 - Reuters via Yahoo! News
Fraud law against American banks A federal judge has endorsed a broad interpretation of a savings-and-loan era law.
Aug. 20, 2013 - CNBC