Disburse
This disambiguation page lists articles associated with the title Disburse.
Disburse refers to the act of paying out or distributing money. This term is commonly used in financial, legal, and administrative contexts. Disbursement involves the actual delivery of funds from a bank account or other funds to a third party. The term is often used in relation to the management of funds within businesses, government bodies, or any institutions that handle large sums of money.
Types of Disbursements[edit | edit source]
Disbursements can occur in various forms, including:
- Cash payments - Direct cash given to a recipient.
- Cheque payments - Writing a cheque to transfer money from one party to another.
- Electronic funds transfer (EFT) - Using electronic systems to transfer money, such as wire transfers, direct deposit, or other online payment systems.
- Credit card payments - Payments made via credit card, often used in business transactions.
Accounting and Disbursements[edit | edit source]
In accounting, disbursements are recorded as expenditures and are tracked to ensure that funds are being used appropriately and within budgetary constraints. Proper management of disbursements is crucial for maintaining financial stability and transparency within an organization.
Legal Aspects[edit | edit source]
In legal terms, disbursements can also refer to the expenses that a lawyer or law firm pays on behalf of a client in the course of legal representation. These might include court fees, costs to obtain records, payment to expert witnesses, and other related expenses. Such disbursements are typically reimbursed to the lawyer by the client, aside from the legal fees for the service provided.
See Also[edit | edit source]
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