What is the definition of "disbursement"?


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.
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Ask.com Answer for: what is the definition of disbursement
the act or an instance of disbursing.
money paid out or spent.
Source: Dictionary.com
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