appropriation

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Appropriation

An assignment of money 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.
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appropriation

(1) Taking private land for public use,as by condemnation. (2) Taking public property for private use,such as using water from a navigable river for irrigation purposes. (3) Legislatively designating government funds for a project.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.