govern - definition in the Business English Dictionary - Cambridge Dictionaries Online

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govern

verb
 
 
/ˈɡʌvən/
[I or T] GOVERNMENT to control and manage a country, city, group of people, etc.: The party was accused of being unfit to govern. Today, he governs a state where Hispanics make up nearly half the population.
[T] to have a controlling influence on the way something happens or is done: There are calls among politicians for tighter rules governing the operation of large hedge funds.be governed by sth Prices of goods are governed by the cost of raw materials, as well as the cost of production and distribution.
(Definition of govern from the Cambridge Business English Dictionary © Cambridge University Press)
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