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disburse

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verb [transitive] very formal disburse pronunciation in British English /dɪsˈbɜː(r)s/ 
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present tense
I/you/we/theydisburse
he/she/itdisburses
present participledisbursing
past tensedisbursed
past participledisbursed
  1. to pay out money from a fund

    The role of the committee is to disburse grants to needy students.

    Synonyms and related words for this sense of disburse

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