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Top Terms > Management and organization > Finance > Taxes > Taxation > Apportionment

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Apportionment (Cfdrn)

Definition
An administrative assignment of funds based on a prescribed formula by a governmental unit to another governmental unit for specific purposes and for certain periods. (Source: AASHTO Glossary)
Broader Term
Taxation (Cfdr)
Related Terms (Hierarchical)
Highway user taxation (Cfdra)
Local taxation (Cfdrl)
State taxation (Cfdrs)