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"?"
Disbursement is defined as amounts paid for goods and services that may be
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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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Many companies require the use of purchase orders to start the cash disbursement process. Managers or employees who desire goods for their department must fill out the requisite documents
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when bank pays the loan to the customer.
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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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