Expenditure Control
Definitions
- (n.) The process or system of regulating and monitoring government or organizational spending to ensure funds are used efficiently, legally, and within budgetary limits.
Expenditure control mechanisms are crucial for preventing unauthorized use of public funds.
Forms
- expenditure controls
Related terms
See also
Commentary
Typically involves formal procedures and legal frameworks to ensure compliance with financial policies and prevent misappropriation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.