2 TermsHome > Terms > English, UK (UE) > Obligation authority
Obligation authority
The maximum amount of federal formula funds that can be obligated or authorised in a federal fiscal year. The use of obligation authority does not affect the apportionment or allocation of federal funds a state receives. It only controls the rate of expenditure.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Construction
- Category: Bridge
- Company: Iowa DOT
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: People Category: Politicians
Mark O. Hatfield
Mark O. Hatfield, was a liberal Republican who challenged his party's positions on the Vietnam War and on a balanced-budget amendment to the ...
Contributor
Featured blossaries
Browers Terms By Category
- Chocolate(453)
- Hard candy(22)
- Gum(14)
- Gummies(9)
- Lollies(8)
- Caramels(6)
Candy & confectionary(525) Terms
- Railroad(457)
- Train parts(12)
- Trains(2)
Railways(471) Terms
- Software engineering(1411)
- Productivity software(925)
- Unicode standard(481)
- Workstations(445)
- Computer hardware(191)
- Desktop PC(183)
Computer(4168) Terms
- Hand tools(59)
- Garden tools(45)
- General tools(10)
- Construction tools(2)
- Paint brush(1)