IPA: /dɪsˈbɜːrsər/
KK: /dɪsˈbɜr.sɚ/
A person or organization that pays out money, especially from a fund or account.
The disburser of the grant ensured that all funds were allocated properly.
Disburser → It is formed from "dis-" (meaning apart) and "burse" (from Old French *borse*, meaning purse or money). The word "disburser" refers to someone who pays out or distributes money, essentially sending it apart from a central source.
Think of someone who is 'sending out' money ('dis-') from a 'purse' ('burse') — that's why a disburser is someone who pays out funds.