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TeachMeFinance.com
advance appropriation -- Budget authority provided in an appropriation
act that is first available for obligation in a fiscal year after the year
for which the appropriation was enacted. The amount of the advance appropriation
is included in the budget totals for the fiscal year in which it will become
available.
About the author
 |
Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2005 by Mark McCracken, All Rights Reserved.
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