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When a company pays in cash or cash equivalents, it makes a disbursement. The payments made by an attorney for its clients to third parties for court, investigation reports, and medical care are examples of disbursements. The attorney can notify its clients of the disbursements and get reimbursed.

An entry for a disbursement includes the date, the payee name, the amount debited or credited, the payment method, and the purpose of the payment. The overall cash balance of the business is then adjusted to account for the disbursement.

A payment is typically money moving from a customer to a seller, while a disbursement is typically money flowing from a business or entity to a beneficiary such as an employee or freelancer. A payment is made directly to the party that provided a good or service.

A disbursement is the payment of federal student aid funds to the student by the school. Students generally receive their federal student aid in two or more disbursements.

There are several methods for such payouts, which include electronic fund transfers and cheques. It can also be a type of payment made to third parties from a public or dedicated fund on behalf of clients. The amount is then taken as a reimbursement from the company on whose behalf the payment was done.

When a company pays in cash or cash equivalents, it makes a disbursement. The payments made by an attorney for its clients to third parties for court, investigation reports, and medical care are examples of disbursements. The attorney can notify its clients of the disbursements and get reimbursed.

A Disbursement Voucher is a form used to have a check made to pay an individual or an organization for merchandise sold or services rendered.

Disbursement–or payment disbursement–is the delivery of payment from a business's bank account to a third party's bank account. Disbursement refers to a range of payment types, including cash, electronic funds transfer, checks and more.