disburse

dis|burse /dɪsb'ɜːrs/ (disburses disbursing disbursed)
[VERB] be V-ed, V n
To disburse an amount of money means to pay it out, usually from a fund which has been collected for a particular purpose. (FORMAL)
The aid will not be disbursed until next year...
The bank has disbursed over $350m for the project.

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