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  2. In business accounting, a disbursement is a payment in cash during a specific time period and is recorded in the general ledger of the business. This record of disbursements shows how the business is spending cash over time.

    www.investopedia.com/terms/d/disbursement.asp
    Definition: A disbursement is a cash payment made to fulfill a given expense. It is a monetary expenditure, which means it takes out cash and it is also recorded at the company’s accounts.
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