What Does GOVCC Stand For?
GOVCC stands for Government Travel Charge Card
The Government Travel Charge Card (GOVCC) is a specialized credit card issued to government employees to facilitate official travel expenses. It streamlines the payment process for travel-related costs such as transportation, lodging, and meals, ensuring compliance with federal travel guidelines. The GOVCC promotes accountability and efficiency in government travel management while providing employees with a convenient method to handle travel expenses.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym