disbursement
Definitions
The act of paying out money from a fund or in settlement of a debt.
The amount of money paid out at a particular time.
Examples
The company announced the disbursement of funds to all eligible employees by the end of the month.
Strict oversight is required to ensure the proper disbursement of government grants for research projects.
The bank delayed the disbursement of the loan until all necessary documentation was verified.
Synonyms
expenditure payment outlay spending payout remittance settlement