disbursement
nounUK /dɪsˈbɜːsmənt/
US /dɪsˈbɜːrsmənt/
A disbursement is money that is paid out from a larger amount.
The charity made a disbursement to help the families.
OTHER MEANINGS
2. The act of paying out money from a fund.
The disbursement of the scholarship funds took two weeks.
3. Money given to students to cover school costs.
Her student loan disbursement arrived before classes began.
4. The release of money from an account or trust.
The bank processed the disbursement from the estate.