Definition of Cash disbursement:
Cash outflow or payment of money to settle obligations such as operating expenses, interest payments for loans and accounts receivables during a particular period in order to carry out business activities. Usually in the form of cash, plastic money, check, warrants, and Electronic fund transfers. Opposite of cash receipts. Also called cash payments. See also non-expense cash disbursement.
How to use Cash disbursement in a sentence?
- John went to the bank because he needed money for the ballgame. John spoke with the teller and received a cash disbursement .
- The cash disbursement was sufficient to cover the needs of the salesman as there were only minor expenses incurred in traveling.
- The new branch office relied on a regular cash disbursement from their parent corporation in order to handle the many aspects involved in setting up a new location.
Meaning of Cash disbursement & Cash disbursement Definition