disbursement order

noun

UK /dɪsˈbɜːsmənt ˈɔːdə/

US /dɪsˈbɜːrsmənt ˈɔːrdər/

A paper that tells someone to pay out money.

The manager signed a disbursement order so the school could buy new books.

SYNONYMS

payment order payout instruction payment voucher disbursement voucher pay order

RELATED WORDS

payment disbursement voucher invoice treasury

OTHER MEANINGS

2. An official instruction from a finance office to release funds for a specific purpose.

The finance office issued a disbursement order to cover the trip costs.

3. A document used in accounting to record and approve money going out.

Each disbursement order is filed with the receipts for the audit.

4. A written command in a company or government that authorizes a cash payment.

Without a valid disbursement order, the bank will not release the funds.