Fund Disbursement
/ˈfʌnd dɪsˌbɜːrsmənt/
Definitions
- (n.) The authorized payment or allocation of funds from a financial source, often in accordance with legal or contractual obligations.
The fund disbursement was delayed pending final approval from the board.
Forms
- fund disbursement
- fund disbursements
Related terms
See also
Commentary
Often requires precise documentation and authorization to ensure compliance with legal or fiduciary duties.
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.