Earmarking is the practice of setting particular money aside for a specific purpose. The term can be used in several contexts, such as in congressional appropriations of taxpayer funds to…
Earmarking refers to the act of setting aside fundsfor special purposes or specific projects. Companies and governments earmark fundsfrequently. These fundsare earmarkedin that they are dedicated to paying off a particular creditor and thus aren’t technically part of the borrower’s property.
The term ‘earmark’ means to allocate some amount of money for a specific use, so that it could be utilized in future for that sole purpose. In banking terms, earmarked transactions are those business transactions which are made to claim the pre-allocated fund in order to meet the expenditure.
In the account an amount specifically or separately marked for a purpose or blocking an amount for a special purpose is called earmarked transactions.If you have applied an IPO through inder ASBA scheme the offer amount is earmarked till the date of allotment , if shares are allotted, your account will be automatically debited for that amount,If not allotted the earmarked instruction will be cancelled.
3/14/2009 · The National Journal’s Johnathan Rauch actually does some reporting and investigating about earmarks and come to find out shockingly they aren’t evil and will not ruin the world as we know it. Naturally, when a gigantic omnibus appropriations bill came to the Senate floor last week, 98 percent of it got almost no attention.
Icons are subject to a broad range of interpretations by users. From my understanding, the fold is a holdover metaphor for a physical piece of paper (i.e, creating a document, and the physical property of the document (a sheet of paper once you print it).
