A disbursement is something you paid out.
Dividend Disbursement
Money... Either you or somebody you may owe is going to get money.
Disbursement date refers to the date when funds are released or paid out from an account. It usually signifies the date when money is transferred to a payee or recipient.
when it comes to managing the disbursement cycle, the objective is to: Shorten the Disbursement cycle Lengthen the disbursement cycle Equalize disbursements with receipts Borrow for all disbursements
Disbursement relates to money paid out for goods or services.
The difference between disbursement and reimbursement is that with reimbursement a person is getting back every cent they paid in. Disbursement is a set amount or percentage of money paid in.
Debit Job accountCredit disbursement account
The word disbursement means to spread out or to dole out. An example would be "The disbursement of the food was fair to everyone in the crowd, and no one left hungry.".
EFT is mandatory; split disbursement must be offered as an option.
Usually when you are granted a loan it will have 2-3 disbursements. Think of a disbursement as a "payment." If half of your loan pays out to the school, you will begin paying interest on that amount. When the second disbursement comes in, you will begin paying interest on that next amount.
disbursement