Definition of forward funding

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TeachMeFinance.com - explain forward funding



forward funding -- The provision of budget authority that becomes available for obligation in the last quarter of a fiscal year and remains available during the following fiscal year. That form of funding typically finances ongoing education grant programs.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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