COMMITMENT

{
  "id": "MLC-T-ENV-005773",
  "term": "COMMITMENT",
  "field": "Environment",
  "definition": "1. The official reservation of funds and authorization to incur obligations. (Assistance Administration Manual)\n\n2. A formal action to reserve funds for a specific purpose in the future. For financial assistance, the commitment is reflected by a commitment notice. (Region 9)",
  "subject": "Laws, regulations and executive orders",
  "references": [
    "Grants and Debarment Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/commitment/"
}