What context can I use each word in?
Learn when and how to use these words with these examples!
disbursement
Example
The disbursement of funds will be made on a monthly basis. [disbursement: noun]
Example
The finance department is responsible for disbursement of salaries to employees. [disbursement: verb]
payment
Example
I made a payment for my online order using my credit card. [payment: noun]
Example
He promised to make the payment by the end of the month. [payment: verb]
Good things to know
Which word is more common?
Payment is more commonly used than disbursement in everyday language, as it is a more general term that covers a wide range of financial transactions. Disbursement is more specific and is often used in formal or business contexts.
What’s the difference in the tone of formality between disbursement and payment?
Disbursement is typically associated with a formal or business tone, while payment can be used in both formal and informal contexts, depending on the situation.
