autorizacija

autorizacija

A statutory provision that obligates funding for a program or agency. An authorization may be effective for one year, a fixed number of years, or an indefinite period. An authorization may be for a definite amount of money or for "such sums as may be necessary. " The formal federal spending process consists of two sequential steps: authorization and then appropriation.

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Part of Speech: noun
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Industry/Domain: Government
Category: American government
Company: U.S. Senate
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