Top definition
A large amount of money given to irresponsible college students that have too much financial aid. Supposed to be used for outside-college expenses, but instead is used to buy expensive things that said college student doesn't necessarily need.
It's disbursement day! Buy ALL THE THINGS!
I think I'll use my disbursement as a down payment on a sensible car.
by fhadso January 20, 2013
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