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Disbursement means paying out money from a fund. The term disbursement may be used to describe money paid into a business' operating budget, the delivery of a loan amount to a borrower, or the payment of a dividend to shareholders.
When a company pays in cash or cash equivalents, it makes a disbursement. The payments made by an attorney for its clients to third parties for court, investigation reports, and medical care are examples of disbursements.
(2) ?Disbursement of settlement proceeds? means the payment of all proceeds of a transaction by a settlement agent to the persons entitled to receive the proceeds.
Disbursement of settlement proceeds" means the payment or sending of all proceeds of the transaction to the person or account designated to receive the proceeds.
A disbursement is the payment of federal student aid funds to the student by the school. Students generally receive their federal student aid in two or more disbursements. Was this page helpful?
Alabama. The average settlement amount for a neck and back injury in Alabama is $414,467, and the median is $350,000. The highest amount found in the study was a $1 million settlement for a back injury during a trucking accident on I-65.
In Alabama, the average payout in a personal injury case is between $3,000 and $10,000. However, some settlements are worth millions, causing the median figure to be around $50,000. When you file a personal injury lawsuit, you expect to get maximum compensation for your damages.
It should contain a clear summary of the facts, and an indication of the injuries suffered, and of any financial loss incurred. In particular, it should provide the following information: Details about how the accident occurred. The date and time of the accident or incident.