general

definition of disbursement

According to the context in which the term is used Dispensing will refer various questions.

Cast something

One of the first uses of the term is to refer to the distribution of something. For example, "justice will lead to the disbursement of all those real estate that corresponded to the firm in order to compensate the creditors who are waiting to collect since the trial began."

Donation, payment or offering

On the other hand, in some contexts, the term disbursement is used to refer to a donation, payment or offering. "The faithful followers of the pastor made their expenditures in order, each in turn and after participating in the religious ceremony, they went home."

So this sense is used a lot as a synonym for payment. Payment involves the delivery of money from one person to another or from one company to another, among others to cancel what is owed or to pay for something that was bought.

Economy: disbursement of cash carried out by a person or a company

Meanwhile, the most widespread and popular use attributed to the word is given at the behest of the Economy. Here an outlay will be that cash outlay by a person or company. Both the expenses and the investments that a natural or legal person makes in a calendar year will be designated as expenditures.

Take care of the imbalances in the expenditures

Now, we must say that there are essential expenditures and others that are not, by the way, for example, it is that special care must be taken in this aspect so that the personal economy or that of a company does not fall into imbalances and generate a some economic damage to the pockets.

Any irresponsibility in this sense, that is to say, incurring an imbalance could generate a tremendous financial problem for the company, for example, and in the most serious cases it can even put its continuity in the market at risk.

Having the issue of expenditures clear and in control will allow you to have a complete idea of ​​the cash flow you have. Because expenditures are the differences between income and outgoings of money in a certain period of time. If in a month, for example, a person's income drops considerably, they must be accompanied by a cut in expenses, so that the cash flow that we mentioned remains balanced and the imbalances that we discussed above are not generated.

Loans to balance the economy

When flow decompensation scenarios occur, one of the solutions will be to ask for a loan. People and companies often resort to loans to be able to meet expenses that they have to cover. In most cases, these loans will imply interest that will have to be paid in a timely and proper manner and this will obviously require that income be increased in a timely manner to be able to cover them.

Types of Expenditures

exist different types of expenditures: Complementary expenditures (Those allocations of resources destined to cover expenses of a new program or one in execution. They can be for both current and capital expenses); contingent outlays (those assignments that are destined to cover unforeseen or extraordinary needs); Disbursements derived from income from third party accounts (amount assigned for work carried out to third parties, for example, income tax, withholdings from contractors, union dues, among others); special outlays (extra provision of money to develop new programs or to complete those already in progress); unforeseen expenses (allocations intended to cover expenditures that due to their unpredictable nature could not be taken into account within the budget); recoverable expenditures (outflow of resources as a result of loans made to staff, purchase of financial securities, security deposits, among others) and disbursements carried out in pre-operational periods (They are those that will be used for research, development, design and improvement of a product).

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