Home > Term: obligation authority
obligation authority
1. A congressional authorization to procure goods and services within a specified amount by appropriation or other authorization. 2. The administrative extension of such authority, as by apportionment of funding. 3. The amount of authority so granted.
- Part of Speech: noun
- Industry/Domain: Military
- Category: Missile defense
- Company: U.S. DOD
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- mf1967
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(Oklahoma, United States of America)