Disbursement Meaning: Definition, Examples, and Translations
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disbursement
[dษชsหbษหsmษnt ]
Definition
financial
The act of paying out money, especially from a fund or account.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
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disbursement |
Used in formal or official contexts, especially in business or governmental settings, to refer to the act of paying out money.
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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.
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expenditure |
Refers to the act of spending money, often used in financial or budgeting contexts. It implies the allocation of money for various purposes.
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outlay |
Used when referring to the amount of money spent on something, often for specific projects or large purchases.
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Examples of usage
- The disbursement of funds for the new project will begin next week.
- Please submit your receipts for reimbursement of disbursements.
Translations
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Interesting Facts
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.
Origin of 'disbursement'
Main points about word origin
- 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.
The word 'disbursement' originated from the Old French word 'desbourser', which meant to pay out. It has been used in English since the late 16th century. The concept of disbursement has always been linked to financial transactions and the act of distributing funds.
See also: disbursements, disburser.
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.
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- 14666 disbursement
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- 14668 netting
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