Disbursers are individuals or entities responsible for the distribution of funds or payments across various channels. This term typically applies to those in financial, administrative, or governmental roles who manage budgets and ensure that financial resources are allocated according to predetermined guidelines, agreements, or legal stipulations. Their role is crucial in maintaining financial order and accountability.
Disbursers meaning with examples
- In the non-profit sector, disbursers ensure that donations are allocated to the right programs, facilitating appropriate use of funds while meeting compliance standards and donor expectations. Their diligence helps enhance the organization's reputation in the community.
- As the project progressed, the disbursers played a critical role in releasing funds based on completed milestones. This not only motivated the team but also ensured transparency, creating a trusting relationship with stakeholders involved in the funding process.
- The disbursers at the state department are tasked with the responsibility of allocating the annual budget to various programs. Their meticulous record-keeping allows for efficient tracking of expenditures and aids in future budgeting predictions.
- In international aid, disbursers coordinate with local governments to provide financial assistance efficiently. By understanding the specific needs of each area, they can ensure that resources are allocated effectively to maximize impact.
- During the annual financial review, the disbursers presented their report detailing how funds were allocated over the past year. Their transparency was appreciated by the board, demonstrating a commitment to responsible financial management and oversight.