disbursement
/dis'bə:smənt/
Học thuậtThân thiện
Definition
Noun: 1. The act of paying out money, especially from a fund or treasury: The process of distributing or expending funds. 2. A specific sum of money paid out: An amount of money that has been spent or distributed.
Usage
- Disbursement is a formal term, commonly used in financial, business, and legal contexts to describe the official payment of money.
- It often implies a systematic or authorized payment from a specific source, such as a company's accounts, a loan, a grant, or an estate.
- The word focuses on the action of paying out or the specific payment itself, rather than the general concept of spending.
Examples
- The disbursement of the scholarship funds will occur at the start of the semester.
- We are awaiting the bank's disbursement of the loan.
- All project disbursements must be approved by the finance department.
- The executor handled the disbursement of the inheritance to the beneficiaries.
Advanced Usage
- Capital vs. Expense Disbursement: In accounting, a disbursement can be categorized as either a capital expenditure (for long-term assets) or an operating expense (for day-to-day costs, often tax-deductible).
- Controlled Disbursement: A cash management service where a bank provides early morning notification of the day's total disbursements from an account.
Variants and Related Words
- Disburse (verb): To pay out money, especially from a fund.
- The bank will disburse the funds once the contract is signed.
- Disburser (noun): A person or entity that makes disbursements.
Synonyms
- Payment: The act of paying money.
- Expenditure: The action of spending funds.
- Outlay: An amount of money spent.
- Payout: A large payment or the act of making one.
Antonyms
- Receipt: The act of receiving money.
- Collection: The action of collecting money.
- Deposit: A sum of money placed into an account.
Related Phrases
- Disbursement schedule: A timeline detailing when specific payments will be made.
- Disbursement account: A bank account specifically used for making payments.
Noun
- the act of spending or disbursing money
- amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)