What Does TOA Stand For?
TOA stands for Total Obligation Authority
Total Obligation Authority (TOA) refers to the maximum amount of funding that an agency is authorized to commit for specific programs or projects over a defined period. It encompasses all financial resources allocated to ensure that the agency can fulfill its contractual obligations and programmatic goals. TOA is a critical component of budgetary management, enabling effective planning and oversight of expenditures within governmental and organizational contexts.
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Added on 20th November 2008 | Last edited on 16th June 2025 | Edit Acronym