Disburse

To disburse means to pay out money, especially from a fund that has been collected for a specific purpose. It often implies a formal or organized distribution of funds, such as from a grant, an account, or a budget. This action involves the allocation and distribution of financial resources, typically to designated recipients or for particular expenses. The act signifies a release or discharge of funds and is crucial in financial management, accounting, and project administration. It involves recording the outflow of money and ensuring the proper accounting for the funds distributed, thereby documenting its financial trail to avoid conflicts of interest or improper allocation.

Disburse meaning with examples

• The charity was ready to disburse the aid funds to families affected by the hurricane, ensuring the timely distribution of essential supplies and financial assistance to rebuild their homes and businesses, a critical step to support their recovery efforts.
• After the project's approval, the board of directors authorized the treasurer to disburse the initial installment of the budget, enabling the project manager to purchase the needed equipment, hire personnel, and get the initiative started.
• The scholarship committee carefully reviewed applications and then decided to disburse funds to promising students, facilitating their access to higher education and thereby providing them with a future to learn new skills and build careers.
• As per the contract, the construction company will disburse payments to its subcontractors upon completion of each phase of the project, making sure to adhere to agreed-upon timelines and quality standards and to provide a strong financial basis.
• The government agency will disburse funds to local communities for infrastructure projects, such as road repairs and improvements of public amenities, in an endeavor to foster economic development and improve the quality of life for the local population.