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DEPARTMENT OF DISBURSEMENTS

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Definitions

1. Department 8, Treasury Division. Its product is pleased creditors. (BPL 11 Sept 75)

2. the purpose and action of a Dept of Disbursements is not only to disburse monies but to maintain and improve the credit standing and state of solvency of the org or vessel by flawless handling of bills and creditors. (FO 2694)

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