obligational
- a relating or constituting or qualified to create a legal or financial obligation
obligational authority
- Perhaps more im portant than the cut in expenditures is the budget's reduction in "new obligational authority," i.
- For fiscal 1959, there will probably be another boost of at least $2 billion (to $41 billion for actual defense spending), plus a $5 billion boost in the obligational authority .
- It will call for new obligational authority of $103.