Disbursal

Pronunciation: /ˈdɪsˈbɝˈsæɫ/

Disbursal (noun)

  1. The act of paying money out, usually from an organization, fund, or account to people or projects.
  2. A formal process of releasing funds according to rules, approvals, or schedules.

Examples

  • The disbursal of funds started after the audit.
  • Her plan depends on the disbursal of money each month.