1. to pay out money from a fund or account
Usage: formal; often used in business or financial contexts

Examples

• The foundation will disburse grants to qualifying organizations next month.
• The company disbursed bonuses to all employees before the holidays.
• Federal agencies disburse billions of dollars in aid each year.
• The treasurer was authorized to disburse funds for approved expenses.
• Insurance companies typically disburse claim payments within 30 days.
• The scholarship committee will disburse awards to selected students.
• Banks disburse loan proceeds once all paperwork is completed.