Disbursement vs. Dispersement — What's the Difference?

A disbursement is a form of payment from a public or dedicated fund. Alternatively, it means a payment made on behalf of a client to a third party for which reimbursement is subsequently sought from the client.

The act or process of disbursing.

Money paid out; expenditure.

The act, instance, or process of disbursing.

Money paid out or spent.

The act of disbursing or paying out.

That which is disbursed or paid out; as, the annual disbursements exceed the income.

Amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)

The act of spending or disbursing money