Appropriated Expenditure

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Appropriated Expenditure

The money that has been assigned to a department, project or something else. For example, a government may appropriate a certain amount of money to its defense department to fund the department's operations for a year. The monies given to the department form its appropriated expenditures.
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Management will deposit the series 2010B proceeds into the state's general fund to fund fiscal 2010 appropriated expenditures.
S&P rates Arizona's series 2010B COPs at A+
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