Judgment

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A final order of a trial court, which gives effect to the decision in the case. Judgment should be distinguished from verdict, which is strictly a finding of fact requiring an appropriate order to make it operational. In a criminal case, the sentence is part of the judgment.

GRAMM-LEACH-BLILEY Act

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Financial services legislation, passed by Congress in 1999, that removed Depression-era prohibitions against the combination of commercial banking and investment-banking activities. It allows insurance companies, banks, and securities firms to engage in each others’ activities and own one another.