disbursement disbursement  /dɪs ˈbɜrs mənt/

Definition(s):

  1. (n) amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)
  2. (n) the act of spending or disbursing money

Usage(s):

  1. A refugee woman sifts through sand in order to pluck out any bits of grain which might have dropped to the ground during the previous day's ration disbursement.
  2. Loans should be available with an expedited approval and disbursement process, so that firms can access the credit needed to meet their operating expenses immediately.
  3. Central has not paid a dividend since its $6 disbursement in 1931, and in the intervening years 1932-41 has earned a grand total of only $5,900,000.

News

  1. IMF Executive Board Approves US$15.1 Million Disbursement under the Rapid Credit Facility for Mali

    The Executive Board of the International Monetary Fund (IMF) approved a disbursement of an amount equivalent to SDR 10 million (about US$15.1 million) for Mali under the Rapid Credit Facility (RCF). The disbursement will help the authorities meet their urgent balance-of-payments need, and support their economic program in 2013 and re-engagement with donors during the transition toward a new ...
    on June 11, 2013     Source: IMF

  2. ASI Introduces ComboChecks to Improve Tax Reporting Timeliness and Efficiency

    Administrative Systems (ASI), a leading provider of disbursement processing, tax reporting, and secure document fulfillment, announced today that it has introduced functionality that allows for the printing and mailing of remittances and their associated tax forms in a single step. (PRWeb June 10, 2013) Read the full story at http://www.prweb.com/releases/2013/6/prweb10810647.htm
    on June 10, 2013     Source: PRWeb

  3. Northland Announces First Drawdown of USD 100 Million From the USD 335 Million Bond

    Northland Resources S.A. announces that the Company has completed all pre-disbursement conditions in connection with the USD 335 million bond and received the approval of the Company's board to draw USD ...
    on June 10, 2013     Source: Marketwired via Yahoo! Finance

Quotes

  1. TI Chair Huguette Labelle said in a statement, "At a time when massive stimulus packages, fast-track disbursement of public funds and attempts to secure peace are being implemented around the world, it is essential to identify where corruption...
    on Nov 18, 2009 By: Huguette Labelle Source: Gant Daily

  2. "He has been saying that money did not come his way. That is neither here nor there. He was the CEO. He was the one who signed the administrative order turning over the program to Bolante, and the disbursement of the P728 million," he said.
    on Jul 8, 2010 By: Ramon Magsaysay Jr Source: Inquirer.net

  3. "Please bring us more of the resources, let the Afghan government take more responsibility in decision making ...... and in the allocation of resources and disbursement and expenditure of the resources," Karzai told donors' envoys attending the...
    on Apr 29, 2007 By: Hamid Karzai Source: Reuters India

Word of the Day
maxim maxim
/ˈmæk səm /