Keyword Analysis & Research: allocation and appropriation

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What is allocation law?

Allocation. In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as income to be paid to the beneficiary. The allocation of stock dividends generally means that such dividends will be added to the shares...

What is the appropriation process?

Appropriations Process. Congress annually considers several appropriations measures, which provide funding for numerous activities, for example, national defense, education, homeland security, crime, as well as general government operations.

What is an appropriation in government accounting?

What is an 'Appropriation Account'. An appropriation account refers to an account that shows how a firm's profits are divided up, or in governmental accounting, the account of any governmental agency that receives a credit. In general accounting, the appropriation account is an extension of the profit and loss statement.

What is a budget appropriation?

The definition of appropriation is a direction which is given that money is to be spent for a certain purpose. An example of an appropriation is a state budget fund that is earmarked for education.

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