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 government department has used the money it has been given:

Every appropriation account 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 special purpose:

(Definition of “appropriation account” from the Cambridge Business English Dictionary © Cambridge University Press)