Fiscal Allocation
/ˈfɪskəl ˌæləˈkeɪʃən/
Definitions
- (n.) The legal process or method by which government funds are distributed among various departments, projects, or jurisdictions.
The fiscal allocation for education was increased in the new budget to improve public schools.
Forms
- fiscal allocation
- fiscal allocations
Related terms
See also
Commentary
Fiscal allocation specifically refers to the legally sanctioned distribution of financial resources, often governed by statutes or administrative regulations, distinguishing it from informal or ad hoc fund transfers.
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.