Yes, it is. A dispersement is a spreading out, dilution, a thinning. BP is currently trying to disperse the oil spill in the Gulf of Mexico, a process described as a dispersement.Please do not confuse with disbursement, which is a paying out of money or value.
Dividend Disbursement
when it comes to managing the disbursement cycle, the objective is to: Shorten the Disbursement cycle Lengthen the disbursement cycle Equalize disbursements with receipts Borrow for all disbursements
Disbursement relates to money paid out for goods or services.
The difference between disbursement and reimbursement is that with reimbursement a person is getting back every cent they paid in. Disbursement is a set amount or percentage of money paid in.
Debit Job accountCredit disbursement account
The word disbursement means to spread out or to dole out. An example would be "The disbursement of the food was fair to everyone in the crowd, and no one left hungry.".
EFT is mandatory; split disbursement must be offered as an option.
EFT (Electronic Funds Transfer) and split disbursement are both financial processes used to facilitate transactions. EFT allows for the electronic transfer of money between accounts, enhancing efficiency and speed in payments. Split disbursement, often utilized in government travel card programs, involves dividing a payment between a government agency and a traveler's personal account, ensuring proper fund allocation and compliance with regulations. Both methods promote streamlined financial management and can reduce administrative burdens.
Disbmt
disbursement
See related links for an example of a disbursement voucher form in Excel format.