Entity

Definition

An entity refers to any organization or institution that has its own legal existence separate from individuals within it. In this context, it could refer to governmental agencies or departments responsible for assisting presidents with formulating fiscal policy.

Related terms

Executive Branch: The branch of government responsible for implementing laws and policies. It includes entities such as departments, agencies, and bureaus.

Governmental Organization: A formal group established by law with specific functions assigned by legislation.

Independent Agency: An entity created by Congress but designed to operate independently from direct political control.