appropriation


appropriation
1) An allocation of the net profit of organizations in its accounts. Some payments may be treated as expenses and deducted before arriving at net profit; other payments are deemed to be appropriations of profit, once that profit has been ascertained. Examples of the former are such normal trade expenses as wages and salaries of employees, motor running expenses, light and heat, and most interest payments on external finance. Appropriations of the net profit include dividends or scrip dividends to shareholders, transfers to reserves, and amounts for taxation. In the case of partnerships, appropriations include salaries, interest on capital, and profit. See also accumulated profits
2) The allocation of payments to a particular debt out of several owed by a debtor to one creditor. The right to make the appropriation belongs first to the debtor but if the debtor fails to do so, the creditor is entitled to. A document identifying a particular batch of goods to be supplied in fulfilment of a forward contract for a commodity. In some cases, for example, a forward contract may call for goods to be shipped in six months' time. At the time the contract is made the goods may not be identifiable. As the period for shipment approaches the supplier will notify the customer exactly which parcel of goods he is going to ship against the contract by identifying them (e. g. by the marks and numbers on the packages) in an appropriation.

Big dictionary of business and management. 2014.

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  • Appropriation — • In theology, appropriation is used in speaking of the different Persons of the Trinity Catholic Encyclopedia. Kevin Knight. 2006. Appropriation     Appropriation      …   Catholic encyclopedia

  • appropriation — I (allotment) noun allocation, allowance, apportionment, budget, budgeting, concession, designation of use, dispensation, distribution, setting apart associated concepts: appropriation bill, appropriation for public use, appropriation of money,… …   Law dictionary

  • appropriation — ap‧pro‧pri‧a‧tion [əˌprəʊpriˈeɪʆn ǁ əˌproʊ ] noun [countable, uncountable] 1. the official use of money for a particular purpose, or an amount of money that is used: • They each receive a state appropriation of $50,000 to cover education costs.… …   Financial and business terms

  • Appropriation — is the act of taking possession of or assigning purpose to properties or ideas and is important in many topics, including: *Appropriation (sociology) in relation to the spread of knowledge *Appropriation (art) **Appropriation (music) in reference …   Wikipedia

  • Appropriation — (lat. appropriatio, von appropriare, „erwerben, (sich) aneignen, zu eigen machen, appropriieren“) bezeichnet die Aneignung sowohl von Sachen, also den Erwerb eines Eigentums, als auch die Aneignung im philosophisch geisteswissenschaftlichen Sinne …   Deutsch Wikipedia

  • appropriation — appropriation, grant, subvention, subsidy mean money or property given or set apart by an authorized body for a predetermined use by others. Appropriation is the comprehensive term used in government, business, or an institution controlling large …   New Dictionary of Synonyms

  • Appropriation — Ap*pro pri*a tion, n. [L. appropriatio: cf. F. appropriation.] 1. The act of setting apart or assigning to a particular use or person, or of taking to one s self, in exclusion of all others; application to a special use or purpose, as of a piece… …   The Collaborative International Dictionary of English

  • appropriation — APPROPRIATION. s. f. Action de s approprier une chose. L appropriation d une Terre.Appropriation, en termes de Chimie, est l état où sont mis deux corps quine peuvent s unir ensemble que par le concours d un troisième corps, qui dispose les deux… …   Dictionnaire de l'Académie Française 1798

  • appropriation — [n1] allocation, setting aside allotment, allowance, apportionment, assignment, budgeting, concession, donation, earmarking, endowing, funding, giving, grant, provision, setting apart, sponsoring, stipend, stipulation, subsidy; concepts 135,340… …   New thesaurus

  • Appropriation — (lat.), Aneignung; Appropriatio feudi, Beendigung des Lehnsverhältnisses durch Aufhebung der Rechte des Lehnsherrn …   Meyers Großes Konversations-Lexikon

  • Appropriation — (lat.), Aneignung, auch Anmaßung einer Sache …   Kleines Konversations-Lexikon