disbursal vs expending

disbursal and expending both are nouns.

Word	Noun	Adjective	Verb	Adverb
disbursal	Yes	No	No	No
expending	Yes	No	No	No

As nouns, expending is a hyponym of disbursal; that is, expending is a word with a more specific, narrower meaning than disbursal:

Other hyponyms of disbursal include expenditure, compensatory spending, deficit spending, pump priming.

disbursal (noun)	expending (noun)
the act of spending or disbursing money	the act of spending money for goods or services
amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)