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

Join Dr. Catherine Alicia Georges and Amy Goyer at 10:15 a.m. ET Wednesday for an AARP telephone town hall on family caregiving issues. Register here.

Search
  1. Politics & Society
  2. Government & Elections
 
National Debt Glossary

Impoundment

November 9, 2011 | Comments: 0

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

National Debt Glossary

Looks up the key terms for understanding America's financial crisis

See all terms in the National Debt Glossary

Frequently Asked Questions: National Debt

See all questions about the national debt. >>

Join the Discussion

0 | Add Yours

Please leave your comment below.

You must be logged in to leave a comment.

GO TO THIS ARTICLE