| − | The provision of funds, through an annual appropriations [[act]] or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: [[authorization]] and then appropriation.<ref>[http://www.senate.gov/reference/glossary_term/appropriation.htm] US Senate Reference</ref>
| + | '''Appropriation''' is, in government, the provision of funds (either through an annual appropriations [[act]] or a permanent law) which allow government agencies to spend money for specified purposes. |
| | + | In the Federal Government, the formal federal spending process consists of two sequential steps: [[authorization]] and then appropriation.<ref>[http://www.senate.gov/reference/glossary_term/appropriation.htm] US Senate Reference</ref> At the state and local levels, the two steps are usually combined when the annual budget is passed as it also serves as the appropriation act; though supplemental appropriations are often made throughout the fiscal year to cover unexpected expenditures. |