equitable distribution

equitable distribution definition - business

equitable distribution

  1. A fair apportionment of something. For example, a judge attempts to reach an equitable distribution of assets among creditors in a bankruptcy proceeding.
  2. In divorce, a fair division of assets and earnings acquired during marriage.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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