disburse
verb (used with object)
to pay out (money), especially for expenses; expend.
Used to describe an ongoing action or state that is currently taking place in the immediate present.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Nancy Anthony, director of the Oklahoma City Community Foundation, which is disbursing $11 million from 16 different charitable funds, says her agency has received 13,000 separate contributions from around the country.
From Time Magazine Archive
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