A disbursement is a form of payment from a public or dedicated fund. Alternatively, it means a payment made on behalf of a client to a third party for which reimbursement is subsequently sought from the client.
What's meaning of disbursed?
transitive verb. 1a : to pay out : expend especially from a fund disburse money. b : to make a payment in settlement of disburse a bill. 2 : distribute.
What is the meaning of fund disbursed?
Disbursement means paying out money. The term disbursement may be used to describe money paid into a business' operating budget, the delivery of a loan amount to a borrower, or the payment of a dividend to shareholders. ... A disbursement is the actual delivery of funds from a bank account.