The Galacticana Encyclopedia
Note this page is slated for revision-
Charted space is made up of two astrographic regions, known as the Frontier and the Rim. These regions are overseen by two “federal” political entities; the United Planetary Federation and the Rim Coalition. Individual planets exercise independent government of themselves with a few being colonies of other planets from prior to the formation of the UPF. A small handful are classed as territories under the administration of the UPF.
With the co-mingling of 7 major races and a number of minor ones throughout the expanse of charted space a universal trade language, called Pan Galactic has evolved to support the needs of commerce and communication.
A universal standard of time has evolved as well, known as Galactic Standard Time.
A near universal currency called the Credit is now the standard of exchange in charted space.