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Disbursement: meaning, definitions and examples

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disbursement

 

[dɪsˈbɜːsmənt ]

Definition

Context #1 | Noun

financial

The act of paying out money, especially from a fund or account.

Synonyms

expenditure, outlay, payment.

Which Synonym Should You Choose?

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Word Description / Examples
disbursement

Used in formal or official contexts, especially in business or governmental settings, to refer to the act of paying out money.

  • The project is awaiting the disbursement of funds from the government.
  • The monthly disbursement for office supplies has been increased.
payment

A common, everyday word used to refer to the action or process of paying someone or something. It can be used in both formal and informal contexts.

  • She received the payment for her freelance work.
  • Monthly mortgage payments are due on the 5th of each month.
expenditure

Refers to the act of spending money, often used in financial or budgeting contexts. It implies the allocation of money for various purposes.

  • The company's expenditure on marketing has significantly increased this quarter.
  • Household expenditure includes rent, utilities, and groceries.
outlay

Used when referring to the amount of money spent on something, often for specific projects or large purchases.

  • The initial outlay for the new equipment was quite high.
  • They planned for a significant outlay on renovations.

Examples of usage

  • The disbursement of funds for the new project will begin next week.
  • Please submit your receipts for reimbursement of disbursements.

Interesting Facts

Etymology

  • The word comes from the Middle English 'disburse,' which meant to pay out money.
  • It can be traced back further to the Old French 'desbourser,' where 'bourser' means to purse or carry money.
  • The prefix 'dis-' means apart, while 'burse' relates to the purse, indicating the action of taking money from a purse.

Finance

  • Disbursements are crucial to accounting practices as they help track where money goes, ensuring transparency.
  • In project management, disbursement schedules are set up to manage cash flow effectively throughout a project's lifecycle.
  • In non-profits, proper disbursement procedures are vital for accountability and donor trust.

Legal

  • Disbursement can refer to the payment of funds in legal contexts, such as settlement funds to a claimant.
  • Legal disbursements are often broken down into categories like court fees or expert witness payments.
  • It helps ensure that professionals and clients are systematically reimbursed for out-of-pocket expenses.

Cultural Practice

  • In some cultures, disbursement may refer to the distribution of wealth during ceremonies or festivals, reflecting communal values.
  • Disbursements can also occur during weddings, where gifts and money are shared as part of the celebration.
  • Microlending practices often involve disbursement of small amounts to entrepreneurs in developing countries, empowering local economies.

Technology

  • Digital payment systems have transformed disbursement methods, allowing for instant transfers through apps and online platforms.
  • Blockchain technology offers transparency in disbursement, making sure funds are tracked and secure.
  • Financial software enables businesses to automate disbursement processes, improving efficiency and reducing errors.

Translations

Translations of the word "disbursement" in other languages:

🇵🇹 desembolso

🇮🇳 वितरण

🇩🇪 Auszahlung

🇮🇩 pembayaran

🇺🇦 виплата

🇵🇱 wypłata

🇯🇵 支払い

🇫🇷 décaissement

🇪🇸 desembolso

🇹🇷 ödeme

🇰🇷 지출

🇸🇦 صرف

🇨🇿 výplata

🇸🇰 výplata

🇨🇳 支付

🇸🇮 izplačilo

🇮🇸 útborgun

🇰🇿 төлем

🇬🇪 გადახდა

🇦🇿 ödəmə

🇲🇽 desembolso

Word Frequency Rank

At position #14,666, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.