Funds Disbursement
/ˈfʌndz dɪsbɜːrsmənt/
Definitions
- (n.) The act or process of paying out money, especially from a fund or account, for authorized purposes.
The funds disbursement was completed after all invoices were verified.
Forms
- funds disbursement
Related terms
See also
Commentary
In legal drafting, clearly specify authorization and source of funds to ensure enforceability and audit compliance.
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.