What is a funding stage?

StageWhat It Means
AccumulatingFunds are initiated but not yet ready for disbursement. Details are subject to change and may show "Not applicable" or "---" for certain fields.
Pending ApprovalA payable has been generated and is with the Foundation, awaiting approval. Amounts marked (est) are estimates and not yet finalized.
CompleteFunds have been successfully disbursed to your organization. These figures are confirmed.

What does "(est)" mean next to an amount? 

(est) means the figure is an estimate. It will be updated to a confirmed amount once the disbursement reaches the Complete stage.

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