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What is a disbursal?

What is a disbursal? Here are some definitions.

Noun
  1. The act of disbursing money
  2. The amount of money paid for something (especially the amount that may be tax-deductable)
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Examples
The fund is designed to be purely a mechanism for the rapid disbursal of money.
Employees of grameen banks in the Congress-ruled state were up in arms and staged protests in several districts and stopped disbursal of loans under government schemes.
Besides the disbursal of micro credit scheme loans, the District Rural Development Agency also provides financial assistance.
Garg also said that the bank has enough capital to meet its disbursal requirements for the current year.
Disbursal of advances, particularly house and car loans, appears to have become a priority for bankers, who are now willing to reach out to public more aggressively.
Decentralisation of disbursal of cash benefits and monthly meetings at the district level of various Welfare Boards will improve the situation for workers.

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