Meaning & use
Disbursal
Last updated
The act of paying out money, especially from a fund set aside for a specific purpose.
See it in a sentence
The bank approved the loan, and disbursal of funds began the following week.
The charity tracks every disbursal to ensure donations reach the intended projects.
A note on using this word
Largely interchangeable with "disbursement," though "disbursal" is somewhat more common in Indian and British financial English.
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