My little pedantic friend introduced me a word, disbursement, saying it is his way of expressing a word, expense. I asked him the difference between them, but he could not answer it... What is the difference between them? Is it just a fancier expression?
closed as off-topic by user140086, Marv Mills, Brian Hooper, Nathaniel, Mitch Dec 17 '15 at 3:25
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They are not the same. Disbursement has a more specific meaning and refers to a process of paying money from a fund (collected for a particular purpose):
- an amount of money that is paid from a fund
- the process of paying money from a fund
A disbursement is spent money that has been, well, dispersed. An expense is a reason to spend money on something that is, well, expensive.
The cost required for something; the money spent on something.
A noun that describes the spending or distributing of money
They can mean the same thing. But they can be as different as a $50 bill and a bill for $50.