disbursement

Meanings

1. 1
   noun

   the payment or distribution of money from a fund

   The disbursement of the grant will occur in three quarterly installments.

From disburse plus -ment; disburse is from Old French desbourser ('to pay out'), from des- (Latin dis-, 'apart') plus bourse ('purse'), from Late Latin bursa ('purse, hide'), from Greek byrsa ('hide, leather').

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