Antitrust: Government action against businesses that dominate a certain industry or market and that are alleged to have stifled competing businesses.

Armistice: An agreement to cease fire while warring parties negotiate a peace settlement.

Bar exam: A test that lawyers must pass in order to become legally certified to practice law.

Electoral votes: The votes a presidential candidate receives for having won a majority of the popular vote in a state. In presidential elections, the candidate who receives the most popular votes in a particular state wins all of that states' electoral votes. Votes are distributed among states in ratios based on population. A candidate must win a majority of electoral votes (over fifty percent) in order to win the presidency.

Federal Reserve System: The central banking system of the United States, which serves as the banker to the financial sector and the government...