What are state appropriations?
State and local appropriations are used primarily to fund public colleges and universities, but some money goes to student aid, some benefits students in private colleges, and some is reserved for special purposes like research, agriculture, and medical education.
What does appropriation mean in government?
Appropriation: A law of Congress that provides an agency with budget authority. An appropriation allows the agency to incur obligations and to make payments from the U.S. Treasury for specified purposes. Appropriations are definite (a specific sum of money) or indefinite (an amount for “such sums as may be necessary”).
What is the meaning of appropriation in law?
1. the act of setting apart or taking for one’s own use. 2. a sum of money set apart for a specific purpose, esp by a legislature. Collins English Dictionary.
How do appropriations work?
Appropriations – The House and Senate Appropriations Committees, through their 12 subcommittees, hold hearings to examine the budget requests and needs of federal spending programs. The House and Senate then produce appropriations bills to fund the federal government.
What do appropriations mean?
Appropriation is when money is set aside money for a specific and particular purpose or purposes. A company might appropriate money for short-term or long-term needs that include employee salaries, research and development, and dividends.
What is a payment appropriation?
Payment appropriations, which are the actual payments made to beneficiaries during the current financial year. They may either arise from commitments entered into during that year or preceding years.
What is the best definition of appropriation?
Appropriation is when money is set aside money for a specific and particular purpose or purposes. Appropriations for the U.S. federal government are decided by Congress through various committees.
What is the opposite word of appropriation?
Opposite of a sum of money apportioned, especially formally or officially. denial. disadvantage. refusal. repudiation.
What are appropriations in government?
In law and government, appropriation (from Latin appropriare, “to make one’s own”, later “to set aside”) is the act of setting apart something for its application to a particular usage, to the exclusion of all other uses. It typically refers to the legislative designation of money for particular uses, in the context of a budget or spending bill.
What is appropriation law?
Appropriation Law in the United States. Appropriation law in the United States refers to money that is set aside for specific federal agencies, departments, and programs, providing funding for such necessities as equipment, personnel, daily operations, and other activities.
What is the definition of appropriation of funds?
Appropriation is when money is set aside money for a specific and particular purpose or purposes. A company or a government appropriates funds in order to delegate cash for the necessities of its business operations.