Disbursed

Disbursed means to pay out or distribute funds, especially from a larger sum or fund. It implies the release of money for a specific purpose, often with an accounting of how and to whom the funds were allocated. The term highlights the act of giving out money and usually suggests some level of formality, accountability, or authorization involved in the transaction. The process often involves multiple stages, from initial approval to final distribution.

Disbursed meaning with examples

• The grant money was Disbursed in three installments to ensure the project met its milestones. Each disbursement required detailed reports. The first payment was made to fund the purchase of equipment; the second to cover salaries, and the third to finalise all project needs, ensuring a smooth and effective project timeline.
• After the company's profits were assessed, bonuses were Disbursed to employees based on performance reviews. These were Disbursed bi-weekly, calculated and distributed to each employee, to reward their productivity and commitment. The human resource manager handled these payments.
• Following the natural disaster, aid packages were Disbursed to affected families. The organization carefully managed the logistics of the disbursement, ensuring each family would receive what was needed. Funds were carefully allocated to cover shelter, medical care, and food, to address the immediate needs.
• The loan was Disbursed to the entrepreneur after the approval. He got the needed capital for starting his business. The business was structured to grow within a certain time period, in line with the initial disbursement plan, to achieve his goals.
• Upon the successful completion of the construction phase, the final payment to the contractor was Disbursed, concluding the contract. The funds were handed after the construction was completed, ensuring everything followed the contract’s provisions, satisfying both the project's requirements and the agreements laid out.