Allotment (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms

Allotment

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Allotment, an authorization by either the agency head or another authorized employee to his/her subordinates to incur obligations within a specified amount. Each agency makes allotments pursuant to specific procedures it establishes within the general apportionment requirements stated in OMB Circular No. A-11. The amount allotted by an agency cannot exceed the amount apportioned by the Office of Management and Budget (OMB). An allotment is part of an agency system of administrative control of funds whose purpose is to keep obligations and expenditures from exceeding apportionments and allotments.

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CongressionalGlossary.com, from TheCapitol.Net

 
 






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