Learn the differences between drawdowns and disbursements in finance. Discover their roles in retirement accounts, loans, and ...
Before we dive into the term, we must define 'disbursement.' Disbursement is the transfer of cash or a cash equivalent to settle a company's expenses or pay for services received. The company makes ...
The word "disbursement" in accounting means to send out. A cash disbursement is a payment that might be made using currency but could be made in other forms of immediate payment, such as a check, ...