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Authority to Borrow
Authority to Borrow
One of the basic forms of Budget Authority. Statutory authority that permits a federal agency to incur Obligations and make payments for specified purposes out of borrowed moneys. (JFMIP Core ; A-34, PART 11, SECTION 21.1 ( BUDGET AUTHORITY), P. 11-3) HUDCAPS Core Financial System Standard Accounting Interface, dated 9/30/97
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