Public Accounts Committee
noun[S]
ukus(abbreviationPAC)FINANCE,GOVERNMENT
in the UK, agroupofpeoplechosenby the Britishparliamenttoexaminetheaccountsofgovernmentdepartmentsinordertocheckthatmoneyis beingspentin acarefulandsuitableway:
Regulators wereheavilycriticizedin thereportpublishedby the Public Accounts Committee.