Difference between Expense and Disbursement

What is the difference between Expense and Disbursement?

Expense as a noun is a spending or consuming. often specifically an act of disbursing or spending funds. while Disbursement as a noun is the act, instance, or process of disbursing, which is the present participle or disburse.

Expense

Part of speech: verb

Definition: To charge a cost against an expense account; to bill something to the company for which one works.

Part of speech: noun

Definition: A spending or consuming. Often specifically an act of disbursing or spending funds. That which is expended, laid out, or consumed. Sometimes with the notion of loss or damage to those on whom the expense falls. Loss.

Example sentence: Give a girl an education and introduce her properly into the world, and ten to one but she has the means of settling well, without further expense to anybody.

Disbursement

Part of speech: noun

Definition: The act, instance, or process of disbursing, which is the present participle or disburse.Money paid out or spent.

We hope you now know whether to use Expense or Disbursement in your sentence.

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