A payment that fulfills a contractual or business arrangement. For example, an investor closing out a 401(k) plan and rolling that money into another account receives a disbursement from the 401(k) plan.
Webster's New World Finance
Other Word Forms of Disbursement
Disbursement Sentence Examples
You can also withdraw your funds by submitting a written disbursement request.
The peculiarity of taxes which are levied by the imperial authority and distributed among the local authorities for disbursement deserves notice.
The announcement follows the EU's approval at the end of July for the disbursement of $ 61 million for post-flood reconstruction.
For example, you can obtain an emergency card replacement and an emergency cash disbursement if you have lost the card.
The disbursement of the funds is expected to provide $425 a month to retirees that are at least fifty-three years old and have contributed to the plan for a minimum of twenty-five years.