What does cash disbursement mean?

cash disbursement meaning in Law Dictionary

ny moneys (age.g., checks, money, warrants, credit or debit card amounts, and EFTs (Electronic Fund Transfers) paid by the condition during an interval no matter when the related responsibilities are sustained.

cash disbursement meaning in Business Dictionary

Cash outflow or payment of money to stay obligations such as for instance running expenses, interest repayments for financial loans and records receivables during a particular duration being carry out company activities. Usually by means of cash, plastic money, check, warrants, and electric investment transfers. Opposite of cash receipts. Also known as money payments. See also non-expense cash disbursement.