Javascript is not enabled.

Javascript must be enabled to use this site. Please enable Javascript in your browser and try again.

National Debt Glossary: Understanding a Government Impoundment Skip to content

Have questions about your Medicare options? AARP's Medicare Resource Center can help.

 
National Debt Glossary

Impoundment

An action or inaction by the President or a federal agency that delays or withholds the obligation or expenditure of budget authority provided by law.

SOURCE: Congressional Research Service

Join the Discussion

0 | Add Yours

Please leave your comment below.

You must be logged in to leave a comment.

GO TO THIS ARTICLE