Word info

virement

Noun

Meaning

virement (plural virements)

The transfer of a surplus from one account to cover a deficit in another.

Source: en.wiktionary.org

Examples

Having said that, Honourable Minister, Hon. Sidia Jatta still has a point because the necessity of virement is understood as a last resort when there is a genuine and urgent case for it. Source: Internet

A virement is a transfer of appropriation within the expenditure items of the budget agencies under the same supervising department or from one budget agency to another (PFA, 2014). Source: Internet

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