It's the Word of the Day podcast for October 28th.
Today's word is disbursement spelled D-I-S-B-U-R-S-E M-E-N-T.
Disbursement is a noun.
It means a payout of money from a fund that has been created for a special purpose.
Disbursement can also refer to the money that is paid out.
Here's the word used in a sentence from the Boston Herald by Gaila Colley.
Constructing and reserving White Stadium for the benefit of Boston Public Schools student athletes was more due to the interpretation of the Fund's Board of Trustees,
which, per the will, are in charge of the control and management of said fund,
and the disbursement of its income, the source said.
Disbursement was minted in English in the late 16th century by melding the noun suffix m-e-n-t with the verb disburse,
which comes, in turn, from the medieval Latin word bursa, meaning money bag.
During the 16th and 17th centuries, deburse, depurse,
and disperse were deposited in the English language bank as synonyms of disburse.
deburse and deburse were also used respectively to form debursement and debursement,
but these synonyms of disburse and disbursement all quickly declined in value and were never redeemed.
With your word of the day, I'm Peter Sankalowski.
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