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Meaning of “appropriation account” in the English Dictionary

"appropriation account" in Business English

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appropriation accountnoun [C]

uk   us  
GOVERNMENT, ACCOUNTING in the UK, an ​account that explains how a ​governmentdepartment has used the ​money it has been given: Every ​appropriationaccount of ​government shall be ​examined by the Comptroller and Auditor General on behalf of the ​House of Commons.
ACCOUNTING an ​account that explains how a ​company has used its ​money, for ​example, whether it ​paid any to ​shareholders or ​saved any for a ​specialpurpose: The ​appropriationaccountoutlines how the ​profits are ​distributed.
(Definition of appropriation account from the Cambridge Business English Dictionary © Cambridge University Press)
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“appropriation account” in Business English

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