What is a bill in legislative terms?

A bill, in legislative terms, refers to a proposed law that is introduced to Parliament for consideration and debate. This process enables legislators to discuss, modify, and ultimately decide whether the proposed law should be enacted. A bill must go through various stages, including readings, debates, and potentially amendments, before it can become law.

In contrast, once a bill has successfully passed through all necessary stages and received approval from both houses of Parliament, it is enacted as law. This defines option A, which describes an already established law rather than the proposal stage. Option C, a document outlining government spending, typically refers to a budget rather than a bill. Option D refers to private agreements, which are not related to the legislative process. Thus, the definition of a bill accurately reflects its role as a proposal for new legislation in Parliament.