self-regulation

Definitions

Accounting

  • noun the regulation of an industry by its own members, usually by means of a committee that issues guidance and sets standards that it then enforces

Economics

  • noun the regulation of an industry by itself, through a committee which issues a rulebook and makes sure that members of the industry follow the rules (as in the case of the regulation of the Stock Exchange by the stock exchange Council)

Electronics

  • The ability of a component, circuit, device, piece of equipment, system or mechanism, to monitor its own operation, and automatically make the appropriate changes. Seen, for instance, in control systems.

Media Studies

  • noun the practice of some industries who set up their own regulatory agencies

Sports

  • noun an athlete‚Äôs ability to follow a training regime and adapt it according to current needs, e.g. to resist training while injured, without supervision
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