What Is the Definition of Disbursement?

Answer

Disbursement is the act or process of distributing or disbursing money. This involves distributing the money to more than one person or groups. It also refers to the act of spending money also known as expenditure.
Q&A Related to "What Is the Definition of Disbursement"
The word disbursement means to spread out or to dole out. An example would be "The disbursement of the food was fair to everyone in the crowd, and no one left hungry.
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Disburse: to pay out : expend especially from a fund. !
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disbursal: amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures); the act of spending or disbursing money
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A payment. The term is used especially in the context of loans. When the borrower receives all or a portion of the loan funds, he/she is said to receive a disbursement. disbursement
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1 Additional Answer
Ask.com Answer for: what is the definition of disbursement
dis·burse·ment
[dis-burs-muhnt]
NOUN
1.
the act or an instance of disbursing.
2.
money paid out or spent.
Source: Dictionary.com
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A cashbook is defined as an accounting book that consists of cash receipts and disbursements. The balance is then posted to the ledger's cash account. It is a ...
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