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Disbursal Meaning: Definition, Examples, and Translations

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disbursal

[dɪsˈbɜːrsl ]

Definition

Context #1 | Noun

financial distribution

Disbursal refers to the act of paying out or distributing funds from a certain source. It often involves the allocation of money for specific purposes, such as grants, loans, or reimbursements. The disbursal process can be crucial in ensuring that financial resources are allocated efficiently and transparently. In various sectors, proper disbursal can impact budgets and financial planning directly.

Synonyms

allocation, disbursement, distribution, payment.

Examples of usage

  • The disbursal of scholarships was announced last week.
  • Timely disbursal of funds is essential for project success.
  • The organization is responsible for the disbursal of emergency relief funds.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Finance

  • Disbursal commonly occurs in contexts such as loans, grants, and charitable donations.
  • In accounting, it refers to the process of transferring funds from a business account to pay expenses or invest in projects.
  • Budgets often include specific disbursal plans to allocate funds effectively throughout a fiscal period.

Legal

  • In legal contexts, disbursal refers to the allocation of settlement funds to claimants after a court ruling.
  • Parties involved in a lawsuit may negotiate disbursal terms before the final judgment, outlining when and how funds will be released.
  • Lawyers may receive disbursal of funds from settlements for their fees and costs incurred during litigation.

Cultural Impact

  • In many cultures, the disbursal of wealth can be a sign of status and generosity, impacting social dynamics and relationships.
  • Philanthropy often involves strategic disbursal of funds to support community projects and initiatives, showcasing collective responsibility.
  • Festivals and religious ceremonies may include traditions where money is disbursed to symbolize blessings and good fortune for the community.

Origin of 'disbursal'

Main points about word origin

  • The word has roots in the Middle English 'disburse', which originally meant to pay out, especially money.
  • It is derived from the Old French 'desborser', which combines 'des-' (from) and 'borser' (purse), meaning to take from the purse.
  • The concept dates back to medieval times when it referred to the distribution of money in business or government.

The term 'disbursal' originated from the late Middle English word 'disburse', which comes from the Old French 'desbourser'. Its roots can be traced back to the Latin 'disburare', meaning 'to pay out'. The prefix 'dis-' implies a separation or distribution, while 'bursal' relates to the act of dispensing funds. Over time, the term has evolved to encompass various aspects of financial transactions, particularly in regards to the allocation and distribution of money in accounting and budgeting contexts. By the early 20th century, 'disbursal' became commonly used in financial discussions to refer specifically to the act of releasing funds.

Word Frequency Rank

Ranking #39,997, this word is encountered relatively rarely in everyday English. It might appear in literary works or specialized texts but isn't essential for general communication.