Financial

Decriminalization

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Decriminalization

The act of making a previously illegal act legal. For example, a state may decriminalize usury by allowing banks to charge higher interest rates.
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References in periodicals archive
A former member of the Philippine media is seeking a seat at the Senate, but Jiggy Manicad's stand on the decriminalization of libel differs from that held by many of his former colleagues.
The decriminalization move was backed by a campaign run by abortion provider BPAS (British pregnancy advisory service).
"So I created this funny, informative, entertaining cana parody website 4 the National Decriminalization of Cannabis and Free Enterprise.
Under decriminalization, cannabis users might demand a better ratio between price and quality and consequently turn to domestic production.
According to a January 2014 poll commissioned by the National Organization for the Reform of Marijuana Laws, 54 percent of Georgians favor legalization of marijuana for recreational use, and decriminalization is favored by 62 percent to 32 percent.
"Decriminalization means removing the criminal label of a behavior and its aim is criminal deflation and also decreasing the numbers of crimes in criminal law".
Uruguay could become the first country in the hemisphere to go beyond decriminalization. In June 2012, President Jose Mujica put forward a bill that would legalize and regulate cannabis (NotiSur, Aug.
Among the issues involved in decriminalization is the possibility that reduced enforcement of the marijuana prohibition will lead to increased use of marijuana by youth and, via the gateway drug effect, increased use of hard drugs.
On the other hand, the fears that decriminalization would result in increased organized crime, human trafficking and the exploitation of minors have not appeared (ONSC, para 201).
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