disbursement
Noun
Meaning
The act of disbursing or paying out.
That which is disbursed or paid out; as, the annual disbursements exceed the income.
Source: Webster's dictionarySynonyms
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Examples
A credit crisis seems to be brewing in the farm sector as disbursement of crop loans dips below 50 per cent for the second year in a row, experts say.
According to Council of Governors chairman Wycliffe Oparanya, governors are deeply concerned about the late disbursement of funds.
Commenting on the performance, the bank’s MD and CEO, Chandra Shekhar Ghosh, said, “As the (loan) moratorium ended on August 31, 2020, coupled with robust rural performance, we have seen an all-round improvement in collection, disbursement and deposits.”
A total disbursement of N7.72 billion was made to various market associations, merchants and retailers in fourteen (14) states at end-December 2019.
Applications are invited for funding from this year’s second disbursement from the East Kintyre Community Council Windfarm Trust.
Dr Manyawu said the disbursement was done before preliminary works and tender process had been initiated.