interest disbursement
noun[CorU]
BANKING,FINANCEukusaregularpaymentofinterestthat abankmakes on acertificateofdeposit(= aninvestmentin whichcustomersearninterestforsavingmoneyfor afixedperiod):
You canelecttoreceiveinterestdisbursementsmonthlyorannually.
If you don'tchooseinterestdisbursement,interestiscreditedtoyourcertificateofdepositinstead.