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Disbursement  
Level
Associate
'Disbursement' refers to spending or distributing fundsmoney. Think about it like a company paying its bills, or a government paying for public servicesservices provided by government.
Context
Business
In a business context, 'disbursement' often refers to the payment of expenses or fees. A CFOchief financial officer might state, 'We have authorized disbursements for all pending invoicesbill for goods/services this quarter.'

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