disbursement
n. C / U C1 Advanced US //dɪsˈbɝsmənt// UK //dɪsbˈɜːsmənt// dis·burse·ment
n. the act of paying out money to someone. It is often used when talking about how a company or government sends out funds.
n. the act of paying out or distributing money. Often refers to the formal release of funds from a financial institution or the allocation of a budget.
The bank processed the disbursement of the loan today.
The charity organized the disbursement of emergency funds to families affected by the storm within forty-eight hours.
The audit revealed that the disbursement of public funds had been delayed due to a lack of proper documentation and internal verification.