| Term | Definition |
| Hamilton's economic plan | Hamilton wanted to pay the foreign debt and issue bands to cover previous debts. He also wanted federal government to take responsibility for the state's debt |
| Bank of United States | Proposed by Hamilton. It would be funded by the government and wealthy private investors. The bank would issue paper momey and manage foreign governments funds in the U.S. Capital of the new government would be moved from New York City to the South. |
| Andrew Ellicott | Engineer, was hired to plan the new aly. |
| First Political Parties | Federalists ( Strong ventral government) and Democratic-Republicans ( strong state government) |