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What does allocation mean?
Question
Asked 9/18/2012 9:08:11 PM
Updated 7/31/2016 5:37:08 PM
1 Answer/Comment
Edited by jeifunk [7/31/2016 5:37:08 PM]
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User: What does allocation mean?

Question
Asked 9/18/2012 9:08:11 PM
Updated 7/31/2016 5:37:08 PM
1 Answer/Comment
Edited by jeifunk [7/31/2016 5:37:08 PM]
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Allocation, in Finance, means an authorization to incur expense or obligation up to a specified amount, for a specific purpose, and within a specific period.
Added 7/31/2016 5:23:12 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [7/31/2016 5:36:52 PM]
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