Blanket Appropriation Definition

Blanket Appropriation Definition

What Is Blanket Appropriation? A blanket appropriation authorizes expenditures on a blanket basis without the individual using the funds having to specify individual projects the funds are being allocated towards. Blanket appropriation is often used in connection with government-level finances. Managers that have blanket appropriation are afforded discretion over how to use the funds. Key Takeaways A blanket appropriation

Blanket Lien Definition

Blanket Lien Definition

What Is a Blanket Lien? A blanket lien is a lien that gives the right to seize, in the event of nonpayment, all types of assets serving as collateral owned by a debtor. A blanket lien, theoretically, gives a creditor a legal interest in all of the debtor’s assets serving as collateral. Blanket liens provide

Bleeding Edge Definition

Bleeding Edge Definition

What Is Bleeding Edge? Bleeding edge refers to a product or service, usually involving technology, that is available to consumers but is so new and experimental that it has not been fully tested and, consequently, may be unreliable. Early adopters could experience design flaws and bugs that have not been observed by the developers. It