"distribute payments" is correct and can be used in written English.
It means to divide and allocate payments among different recipients. Here's an example: "I will distribute payments to each vendor according to the agreed upon terms and schedule."
The settlement would create a books rights registry to distribute payments.
Fuji Bank confirmed that it has Titic's funds and will distribute payments to Titic's bondholders today.
The department said an independent administrator would be appointed to find victims and distribute payments.
JPMorgan Chase and several other servicers (which manage loans and distribute payments to investors in mortgage-backed securities) quickly followed suit.
In 2006, when it helped distribute payments from a class-action case involving title insurance costs, some consumers complained that the checks bounced.
Google will also help set up a Book Rights Registry, run by authors and publishers, to administer rights and distribute payments.
When the sub-affiliate network gets paid, they distribute payment to the sub-affiliates within their network who drove sales and usually take their own cut.
These duties include taking in and distributing payments as well as foreclosing on borrowers.
Under the deal, tobacco companies will begin distributing payments to states, beginning in 2000.
The long-term vision at Rational, said Randy Komisar, a partner at Kleiner, is to become a marketplace or clearinghouse, perhaps the way Ascap is for copyrighted music, collecting fees and distributing payments to artists.
The bank was responsible for either pooling those loans into mortgage-backed securities that were sold to investors, according to Trepp, a data and analytics firm, or distributing payments to the investors.
