For Budget Authority we have terms and definitions in 2 topics. The topics are Advocacy and Congressional.

Budget Authority (Advocacy)

Authority provided by law to enter into obligations that will result in outlays of Federal funds. The basic forms of budget authority are appropriations, contract authority and borrowing authority. Budget authority may be classified by the period of availability (one-year, multiyear, no-year), by the timing of congressional action (current or permanent), or by the manner of determining the amount available (definite or indefinite). See also:Appropriation, Borrowing Authority, Contract Authority

Budget Authority (Congressional)

Authority provided by law to enter into obligations that will result in outlays of Federal funds. The basic forms of budget authority are appropriations, contract authority and borrowing authority. Budget authority may be classified by the period of availability (one-year, multiyear, no-year), by the timing of congressional action (current or permanent), or by the manner of determining the amount available (definite or indefinite).

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