Undisbursed describes funds, resources, or assets that have been allocated or budgeted for a specific purpose but have not yet been distributed or paid out. It indicates a state of remaining available or unspent. This term is often used in financial contexts, such as governmental budgets, grant programs, and charitable donations, where accountability and timely utilization of funds are crucial. The term emphasizes the delay or inactivity in the deployment of resources and the potential for those resources to be used for their intended purposes at a later time. This is different from funds that are unallocated, in that it specifies they are allocated but not paid.
Undisbursed meaning with examples
- The government reported a large sum of undisbursed funds allocated for infrastructure projects. These funds, though approved by the legislature and designated for specific developments, remained untouched due to bureaucratic hurdles, and delayed project approvals. The economy was stunted due to the financial backing of the government being stuck, and the people were not able to use the funds.
- Despite receiving a substantial grant, the research team faced difficulties. The grant went undisbursed for several months, as ethical review procedures were needed prior to spending. This delay severely impacted the project's timeline, as critical experiments could not begin until the financial resources became available. The team had a time crunch, as the funds needed to be allocated and used within a year.
- Charities often struggle to disburse funds efficiently. In a certain case the funds allocated for disaster relief remained undisbursed because of logistical difficulties and a lack of access to impacted areas. While the intention was to provide immediate aid, delays hindered the delivery of assistance to those in urgent need of support, hurting the intended purpose of the donations.
- The company's undisbursed capital investment budget for the fiscal year sat untouched. Several approved expansion plans were delayed, while the funds remained unused, affecting productivity. The company had to find different ways to raise their productivity, as the large sum of cash was tied up and not helping the company grow. The investment fund was very large, but was ultimately useless as it was not disbursed.
- In the aftermath of the war, significant amounts of international aid were promised, but a large portion remained undisbursed due to political instability. Corruption and security concerns hampered the safe and effective distribution of resources. The intended beneficiaries suffered greatly, as the promised funds were not materialized and were rendered unable to meet their needs.