Which term represents money that is taken out of the till?

The term that signifies money being taken out of the till is best represented by "disbursement." In a retail or financial context, a disbursement refers to the act of paying out or distributing funds, which directly correlates to the action of removing money from the cash register or till for purposes such as refunds, payments, or operational expenses.

In contrast, withdrawals typically refer to the act of pulling money from a bank account, which, while similar, does not specifically denote removal from a retail cash register context. Transactions encompass the broader category of exchanges that can include both payments in and out, and deposits specifically refer to placing money into a cash register or bank account. Therefore, "disbursement" accurately captures the nature of money being taken out of the till.