As nouns the difference between disbursement and spending
is that disbursement is the act, instance, or process of disbursing while spending is an amount that has been, or is planned to be spent.
As a verb spending is
present participle of lang=en.
disbursement
English
Noun
(
en noun)
The act, instance, or process of disbursing.
Money paid out or spent.
spending
English
Verb
(head)
Noun
(
en noun)
An amount that has been, or is planned to be spent