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 [[obligation]]s 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 [[obligation]]s should be reviewed regularly and those not likely to require payment should be de-obligated. | ||
[[category:United States Government]] | [[category:United States Government]] | ||
[[Category:Budget terms]] | [[Category:Budget terms]] | ||
Revision as of 13:25, January 4, 2009
- It has been proposed that this page, :Obligations- U.S. Government, be titled, "Obligations (U.S. Government)".
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.