👉 Nondisbursable, also known as non-dispensable, is a concept in accounting that refers to assets or liabilities that are not transferable or distributable. It is often used to describe items that are considered part of an organization but cannot be sold or transferred for monetary value. In the context of financial management and accounting, nondisbursable assets refer to those assets that are not subject to a specific obligation or contract, such as a loan or lease agreement. These
