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Definition[]

Appropriations

do not represent cash actually set aside in the Treasury for purposes specified in the appropriation act; they represent amounts that agencies may obligate during the period of time specified in the respective appropriation acts.[1]

References[]

  1. Government Accountability Office, A Glossary of Terms Used in the Federal Budget Process (GAO-05-734SP) (Sept. 1, 2005) (full-text).
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