obligational : Definition, Usages, News and More

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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.

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