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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.
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[[category:United States Government]]
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[[Category:United States Government]]
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[[Category:Budget terms]]
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[[Category:Budget Terms]]
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