The Israeli Parliament is known as the KNESSET, which is a seven-letter word. The KNESSET is the unicameral national legislature of Israel, and is located in Jerusalem. It is composed of 120 members who are elected by popular vote every four years. The KNESSET is responsible for passing laws, approving the government's budget, and overseeing the work of the government. It also has the power to dissolve the government and call new elections.