Apportionment in United States Apportionment Definition
The division or distribution of a subject-matter in proportionate parts. Co. Litt. 147; 1 Swanst. 37, note; 1 Story, Eq. Jur. 475a. Of Contracts. The allowance, in case of the partial performance of a contract, of a proportionate […]
Federal Financing Bank in the United States Federal Financing Bank (FFB) in the Federal Budget Process Meaning of Federal Financing Bank in the congressional and executive budget processes (GAO source): A government corporation created by the Federal Financing Bank Act of 1973 under the […]
Credit Reform in the United States Credit Reform in the Federal Budget Process Meaning of Credit Reform in the congressional and executive budget processes (GAO source): The method of controlling and accounting for credit programs in the federal budget after fiscal year 1991. The Federal […]
Appropriations in the United States Introduction to Appropriations The purpose of Appropriations is to provide a broad appreciation of the Appropriations legal topic. Select from the list of U.S. legal topics for information (other than Appropriations). Finding the law: Appropriations in the […]
Rescission in United States Practical Information Note: Some of this information was last updated in 1982
Refunds in the United States Refunds in the Federal Budget Process Meaning of Refunds in the congressional and executive budget processes (GAO source): Payments returned to the government that were made in error. They are credited to the appropriation originally charged. (See also Offsetting […]
Expense in the United States Expense in the Federal Budget Process Meaning of Expense in the congressional and executive budget processes (GAO source): Outflow or other depletion of assets or incurrences of liabilities (or a combination of both) during some period as a result of providing […]
Government-Sponsored Enterprise in the United States Government-Sponsored Enterprise (GSE) in the Federal Budget Process Meaning of Government-Sponsored Enterprise in the congressional and executive budget processes (GAO source): A privately owned and operated federally chartered financial […]
Budget in the United States United States Constitution According to theEncyclopedia of the American Constitution, about its article titled 546 BUDGETThe federal budget is the comprehensive annual program of income and expenditure of the federal government. The budget is not a constitutional […]
Congressional Budget Process in the United States The Congressional Budget Process in the Federal Budget Process Congressional Budget Process in the congressional and executive budget processes (GAO source): Once the President submits his budget request, the congressional phase begins. Since […]
Gross National Product in the United States GNP (Gross National Product) (Economics Term) in the Federal Budget Process Meaning of Gross National Product in the congressional and executive budget processes (GAO source): The value of all final goods and services produced by labor and capital […]
Deficit in the United States Deficit Background Concept of Deficit in Foreign Trade A definition of Deficit in relation with foreign trade is provided here: When import value is greater than export value. Resources See Also Legal Topics. Federal Budget. Further Reading (Articles) Deficit […]
Emergency in United States Emergency Definition Any event or occasional combination of circumstances which calls for immediate action or remedy; pressing necessity; exigency. (This definition of Emergency Is based on the The Cyclopedic Law Dictionary ). Emergency in the Federal Budget […]
Borrowing Authority in the United States Borrowing Authority in the Federal Budget Process Meaning of Borrowing Authority in the congressional and executive budget processes (GAO source): Budget authority enacted to permit an agency to borrow money and then to obligate against amounts […]
Allowance in the United States Allowance in the Federal Budget Process Meaning of Allowance in the congressional and executive budget processes (GAO source): An amount included in the President's budget request or included in a projection in a congressional resolution on the budget to cover […]
Liability in the United States Legal responsibility for an action or inaction that causes injury or loss. Liability extends to a broad range of situations where a plaintiff suffers injury at the hands of a defendant. Liability may be civil or criminal. In a civil context, liability may flow […]
Gross Domestic Product in the United States GDP (Gross Domestic Product) (Economics Term) in the Federal Budget Process Meaning of Gross Domestic Product in the congressional and executive budget processes (GAO source): The value of all final goods and services produced within the borders of […]
Surplus in United States Surplus Definition
That which is left from a fund which has been appropriated for a particular purpose; the remainder of a thing; the overplus; the residue. See 18 Ves. 466.
Surplus in Foreign Legal Encyclopedias
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Reimbursement in the United States Reimbursement in the Federal Budget Process Meaning of Reimbursement in the congressional and executive budget processes (GAO source): A sum (1) that is received by an agency as a payment for commodities sold or services furnished either to the public or to […]
User Fee in the United States User Fee/User Charge in the Federal Budget Process Meaning of User Fee/User Charge in the congressional and executive budget processes (GAO source): A fee assessed to users for goods or services provided by the federal government. User fees generally apply to […]
Fiscal Policy in the United States Other Popular Tax Concepts Federal Income Tax Law (sometimes, including Fiscal Policy) Tax Code (sometimes, including Fiscal Policy) Income Tax (sometimes, including Fiscal Policy) Tax Law Careers (sometimes, including Fiscal Policy) Tax Law Jobs (sometimes, […]
Commitment in United States Commitment Definition In practice. The warrant or order by which a court or magistrate directs a ministerial officer to take a person to prison. See 1 Mete. (Mass.) 504. The act of sending a person to prison by means of such a warrant or order. 9 N. H. 204; 203 […]
Cost in United States Cost Definition The price actually paid for goods. 18 N. Y. 337. Cost in Foreign Legal Encyclopedias LinkDescription Cost, Cost in the World Legal Encyclopedia., Cost, Cost in the European Legal Encyclopedia., Cost, Cost in the Asian Legal Encyclopedia., Cost, Cost […]
Consolidated Financial Statement in the United States Consolidated Financial Statement in the Federal Budget Process Meaning of Consolidated Financial Statement in the congressional and executive budget processes (GAO source): The financial statements of a parent and its subsidiary or […]
Grant in United States Grant Definition At Commbn Law. A transfer by deed of that which cannot pass by livery. Williams, Real Prop. 149. A grant was proper to transfer an incorporeal hereditament or a reversion or vested remainder in land, but in England, before 1845, a grant was not […]
Tax Deduction in United States Tax Deduction Definition Deduction in this Legal EncyclopediaDeduction definition in the Law Dictionary Tax Deduction in Foreign Legal Encyclopedias LinkDescription Tax Deduction, Tax Deduction in the World Legal Encyclopedia., Tax Deduction, Tax Deduction in […]
Mark-Up in the United States Mark-Up in the Federal Budget Process Meaning of Mark-Up in the congressional and executive budget processes (GAO source): Meetings where congressional committees work on language of bills or resolutions. For example, at Budget Committee mark-ups, the House and […]
Capital in United States Capital Definition (1) The amount of money invested in a business; the fund dedicated to a business to support its credit, to provide for contingencies, to suffer diminution from losses, and to derive accretion from gains and profits. 30 Fed. 410. As used in the […]
Transfer Payment in the United States Transfer Payment (Economics Term) in the Federal Budget Process Meaning of Transfer Payment in the congressional and executive budget processes (GAO source): A payment made for which no current or future goods or services are required in return. […]
Agency in United States Agency Definition Definition of Agency based on the The Cyclopedic Law Dictionary : A relation between two or more persons, by which one party, usually called the agent or attorney, is authorized to do certain acts for, or in relation to the rights or property of, the […]
Inflation in the United States Inflation (Economics Term) in the Federal Budget Process Meaning of Inflation in the congressional and executive budget processes (GAO source): A rise in the general price level. Resources See Also Federal Appropriations Entries about the United States Budget […]
Monetary Policy in the United States Monetary Policy (Economics Term) in the Federal Budget Process Meaning of Monetary Policy in the congressional and executive budget processes (GAO source): A policy affecting the money supply, interest rates, and credit availability that is intended to […]
Cash Accounting in the United States Cash Accounting in the Federal Budget Process Meaning of Cash Accounting in the congressional and executive budget processes (GAO source): A system of accounting in which revenues are recorded when cash is actually received and expenses are recorded when […]
Sequester in United States Sequester Definition In Civil and Ecclesiastical Law. To renounce. Example: When a widow comes into court and disclaims having anything to do or to intermeddle with her deceased husband’s estate, she is said to sequester. Jacob. In Cliancery Practice. To take […]
Warrant in the United States An order issued by a court authorizing the arrest of a person or the search of a specified location. The warrant requirement in criminal cases is found in the Fourth Amendment following the assertion of the people’s right to be secure against unreasonable […]
Depreciation in United States Practical Information Note: Some of this information was last updated in 1982The decline in value of an asset caused by wear, tear, and obsolescence. A corporation may deduct depreciation as an expense on its federal income tax return. An individual may take a […]
Tax Credit in the United States Tax Credit in the Federal Budget Process Meaning of Tax Credit in the congressional and executive budget processes (GAO source): An amount that offsets or reduces tax liability. When the allowable tax credit amount exceeds the tax liability and the difference […]
Tax Expenditure in the United States Tax Expenditure in the Federal Budget Process Meaning of Tax Expenditure in the congressional and executive budget processes (GAO source): A revenue loss attributable to a provision of the federal tax laws that (1) allows a special exclusion, exemption, or […]
Expenditure in the United States Expenditure in the Federal Budget Process Meaning of Expenditure in the congressional and executive budget processes (GAO source): The actual spending of money; an outlay. Resources See Also Federal Appropriations Entries about the United States Budget […]
Subsidy in United States Subsidy Definition A legislative grant of money in aid of a private enterprise deemed to promote the public welfare. In English Law. An aid, tax, or tribute granted by parliament to the king for the urgent occasions of the kingdom, to be levied on every subject of […]
Budget Deficit in the United States Budget Deficit in the Federal Budget Process Meaning of Budget Deficit in the congressional and executive budget processes (GAO source): The amount by which the government’s budget outlays exceed its budget receipts for a given period, usually a fiscal […]
Recession in United States Recession Definition A regrant; the act of a returning the title of a country to a government which formerly held it, by one which has it at the time; as, the recession of Louisiana, which took place by the treaty between France and Spain, of October 1, 1800. See 2 […]
Consumer Price Index in the United States Consumer Price Index (CPI) (Economics Term) in the Federal Budget Process Meaning of Consumer Price Index in the congressional and executive budget processes (GAO source): A measure of the average change over time in the prices paid by urban […]
Tax in the United States Tax Definition A contribution Imposed by government on individuals for the service of the state. 13 Pa. St. 104; 115 111. 109. It is distinguished from a subsidy, as being certain and orderly. Jacob. A sum of money assessed under the authority of the state on the […]
Unemployment Rate in the United States Unemployment Rate (Economics Term) in the Federal Budget Process Meaning of Unemployment Rate in the congressional and executive budget processes (GAO source): As defined by the Bureau of Labor Statistics (BLS), the number of people who do not have […]
Performance Goal in the United States Performance Goal in the Federal Budget Process Meaning of Performance Goal in the congressional and executive budget processes (GAO source): A target level of performance expressed as a tangible, measurable objective, against which actual achievement […]
Rollover in the United States Rollover in the Federal Budget Process Meaning of Rollover in the congressional and executive budget processes (GAO source): Instead of paying off a loan when due, the principal and sometimes accrued interest outstanding of a borrower is refinanced (rolled […]
Credit Reestimates in the United States Credit Reestimates in the Federal Budget Process Meaning of Credit Reestimates in the congressional and executive budget processes (GAO source): Recalculation of the estimated cost to the government of a group of direct loans or loan guarantees. After […]
Deficiency Appropriation in the United States Deficiency Appropriation in the Federal Budget Process Meaning of Deficiency Appropriation in the congressional and executive budget processes (GAO source): An appropriation made to pay obligations for which sufficient funds are not available. The […]
On-Budget in the United States On-Budget in the Federal Budget Process Meaning of On-Budget in the congressional and executive budget processes (GAO source): All budgetary accounts other than those designated by law as off-budget. (See also Off-Budget.) Resources See Also Federal […]