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Limitation
Housing and Lending Information from HUD


 
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Limitation

Limitation
A funding restriction, imposed by OMB, a department, or an agency, that places a ceiling for Obligational/spending Authority. The limitation may exist at any level within a funding structure or may be imposed using an independent structure. (JFMIP Core; Common Term) HUDCAPS Core Financial System Standard Accounting Interface, dated 9/30/97

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Copyright 2006. Keith P. Graham