Difference between revisions of "Obligations- U.S. Government"
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Binding agreements that will result in outlays, immediately or in the future. Budgetary resources must be available before [[obligation]]s can be incurred legally. Un-liquidated obligations should be reviewed regularly and those not likely to require payment should be de-obligated. | Binding agreements that will result in outlays, immediately or in the future. Budgetary resources must be available before [[obligation]]s can be incurred legally. Un-liquidated obligations should be reviewed regularly and those not likely to require payment should be de-obligated. | ||
| − | [[ | + | [[Category:United States Government]] |
| − | [[Category:Budget | + | [[Category:Budget Terms]] |
Latest revision as of 12:42, July 12, 2016
Binding agreements that will result in outlays, immediately or in the future. Budgetary resources must be available before obligations can be incurred legally. Un-liquidated obligations should be reviewed regularly and those not likely to require payment should be de-obligated.