• A payout is the actual transfer of funds from one party’s bank account to another.
  • In accounting, a payment is a cash payment over a period of time and is recorded in the general ledger of the enterprise.
  • This payout report shows how a business spends cash over time.
  • Dividend payments to shareholders are often referred to as payouts.
  • Student loan money paid into a school account on behalf of a student is called a disbursement.