Disbursement

3 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Disbursement \Dis*burse"ment\, n. [Cf. F. d['e]boursement.]
     1. The act of disbursing or paying out.
        [1913 Webster]
  
              The disbursement of the public moneys. --U. S.
                                                    Statutes.


        [1913 Webster]
  
     2. That which is disbursed or paid out; as, the annual
        disbursements exceed the income.
        [1913 Webster]

From WordNet (r) 2.0 [wn]:

  disbursement
       n 1: amounts paid for goods and services that may be currently
            tax deductible (as opposed to capital expenditures)
            [syn: {expense}, {disbursal}]
       2: the act of spending or disbursing money [syn: {spending}, {disbursal},
           {outlay}]

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay 
  out money; to expend money; and sometimes it signifies to advance money. 
       2. A master of a ship makes disbursements, whether with his own money 
  or that of the owner, when he defrays expenses for the ship. 
       3. An executor, guardian, trustee, or other accountant, is said to have 
  made disbursements when he expended money on account of the estate which he 
  holds. These, when properly made, are always allowed in the settlement of 
  the accounts.