Difference between revisions of "Obligations- U.S. Government"

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{{move|Obligations (U.S. Government)}}
 
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 07:25, 4 January 2009

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.