Encumbrance (Accounting)
| Definition |
|---|
|
A transaction showing a commitment to make a future expenditure of funds. Encumbrances are not liabilities or expenses. |
| Data Cookbook URL (requires authorization) |
| https://uwmadison.datacookbook.com/institution/terms/194154/versions/229393 |
| Data Domain(s) |
| Employee Record |
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