Hard money refers to political donations that are regulated by law through the Federal Election Commission. It is given directly to a candidate's campaign.
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Campaign Finance: The funds raised to promote candidates, political parties, or policy initiatives and referenda.
Federal Election Commission (FEC): A government agency that oversees and enforces campaign finance laws.
Political Action Committee (PAC): A type of organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation.