Loan Disbursement
/ˈloʊn dɪsˌbɜːrsmənt/
Definitions
- (n.) The official release or transfer of loan funds from a lender to a borrower pursuant to a loan agreement.
The loan disbursement occurred after all contractual conditions were met.
Forms
- loan disbursement
Related terms
See also
Commentary
Typically follows loan approval and is often conditioned on compliance with specific terms to ensure proper use of funds.
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.