Definition
The official release of funds from one entity to another, typically involving more paperwork than should be legally necessary. It's when money moves from the theoretical column to the actual payment column, often after surviving multiple approval layers. Think of it as the money finally escaping from financial prison.
Example Usage
The insurance disbursement arrived three weeks after the claim was approved, just in time for the contractor to have moved on to other jobs.
Source: Accounting and finance terminology
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See “disbursement” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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