appropriation of payments

appropriation of payments
See application of payments.

Ballentine's law dictionary. . 1998.

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  • Appropriation (law) — In law and government, appropriation (from Latin appropriare , to make one s own , later to ) is the act of something for its application to a particular usage, to the exclusion of all other uses.It typically refers to the legislative designation …   Wikipedia

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  • appropriation — 1) An allocation of the net profit of organizations in its accounts. Some payments may be treated as expenses and deducted before arriving at net profit; other payments are deemed to be appropriations of profit, once that profit has been… …   Big dictionary of business and management

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