What context can I use each word in?
Learn when and how to use these words with these examples!
payout
Example
The lottery payout was over $10 million. [payout: noun]
Example
The company offered a generous payout to employees who were laid off. [payout: noun]
Example
The investors received a large payout from the successful venture. [payout: noun]
disbursement
Example
The disbursement of funds will be made on a monthly basis. [disbursement: noun]
Example
The government approved the disbursement of funds for the construction project. [disbursement: noun]
Example
The disbursement of expenses will be handled by the accounting department. [disbursement: noun]
Good things to know
Which word is more common?
Payout is more commonly used than disbursement in everyday language, especially in the context of investments and employee compensation. Disbursement is less common and tends to be used in more formal or technical contexts.
Whatโs the difference in the tone of formality between payout and disbursement?
Disbursement is generally considered more formal than payout, as it is often used in legal, financial, or academic contexts. Payout can be used in both formal and informal contexts.