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fiscalización

fiscal oversight

noun fees-kah-lee-sah-SYOHN Rare
People & Society Government

Also means

audit

Usage Note

Fiscalización is a formal term common in legal and political contexts referring to the supervision or auditing of public bodies or financial activity. The verb is fiscalizar. Unlike English 'fiscal', its meaning in Spanish stretches well beyond tax matters to any kind of regulatory scrutiny, so 'fiscal oversight' or 'supervision' is usually a better translation than 'taxation'.

Examples

"La fiscalización del gasto público es esencial."

Natural Translation

Oversight of public spending is essential.

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