Disbursement
/dɪsˈbɜːrsmənt/
Definitions
- (n.) The act of paying out money, especially from a fund.
The company authorized the disbursement of funds for the new project.
- (n.) An amount of money paid out.
The disbursement covered all the expenses related to the case.
Forms
- disbursements
Related terms
See also
Commentary
Commonly used in financial and legal contexts to specify formal payment processes or recorded outlays.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.