1. the act or process of paying out money, especially from a fund or account
Usage: often used in financial, legal, or administrative contexts

Examples

• The disbursal of grant funds to schools was delayed by administrative review.
• The bank processed the disbursal of the loan within five business days.
• Proper documentation is required for every disbursal from the company account.
• The estate's disbursal to beneficiaries took several months to complete.
• The accountant tracked each disbursal carefully for the annual audit.