disbursement


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disbursement

a cost incurred by a lawyer other than fees; in Scotland, an outlay.

DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money.
     2. A master of a ship makes disbursements, whether with his own money or that of the owner, when he defrays expenses for the ship.
     3. An executor, guardian, trustee, or other accountant, is said to have made disbursements when he expended money on account of the estate which he holds. These, when properly made, are always allowed in the settlement of the accounts.

References in periodicals archive ?
During the period under review, banks made disbursements of Rs1,174 billion against Rs 972.6 billion of same period of last year which, was comprising 94% of the target of Rs 1,250 billion set by Agricultural Credit Advisory Committee for 2018-19.
During the period under review, banks made disbursements of Rs1,174 billion (94pc) out of the total Rs1,250 billion earmarked by the Agricultural Credit Advisory Committee for 2018-19.
Five islamic banks as a group achieved 78.8pc of their annual target of Rs50bn by disbursing Rs39.4bn which is Rs23bn higher than disbursements made during the corresponding period last year.
For its part, the successful implementation of the ambitious reform package required for this disbursement to proceed is proof of Tunisia's determination to take the measures necessary to secure growth and sustain its economic recovery.
Actual infrastructure disbursements in the first quarter of this year amounted to 207.2 billion pesos," he added.
'Total infrastructure disbursements would have to reach P1 trillion, equivalent to 5.2 percent of GDP, with the national government accounting for P808.7 billion of targeted infrastructure spending,' he added.
The NEITI review attributed the reduction in FAAC disbursements to drop in oil prices.
Institution-wise agriculture credit disbursements are given in Table.
More: CS Rotich summoned over disbursement of county cash
He said once state-owned commercial bank (SCBs) played important role in disbursement of farm and non-farm credit but the PCBs and FCBs are now secured the leading position in channelizing the farm credit and their recovery rate is highly satisfactory.
She also urged the need to open all disbursement points starting the early hours of the morning and until the last beneficiary.
According the Economic Survey 2016-17, launched here Thursday agriculture credit disbursement in last nine months were recorded at Rs 473.1 billion which was 67.6 percent of the overall annual target of Rs 700 billion.