Meaning of “statute law” in the English Dictionary

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"statute law" in Business English

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statute lawnoun [ U ]

uk us

LAW a system of laws that have been decided and approved by a parliament:

Statute law appears to be against us.
under statute law British company directors who bribe to win overseas contracts could be prosecuted under statute law.

(Definition of “statute law” from the Cambridge Business English Dictionary © Cambridge University Press)