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n. the act of dividing up the assets of an estate or trust, or paying out profits or assets of a corporation or business according to the ownership percentages. (See: distribute)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.


1 the apportioning of the estate of a deceased intestate among the persons entitled to share in it.
2 after a bankruptcy order has been made, the trustee, having gathered in the bankrupt's estate, must distribute the assets available for distribution in accordance with the prescribed order of payment. All debts proved in the bankruptcy in the same category of priority rank PARI PASSU. See also CORPORATION TAX.
Collins Dictionary of Law © W.J. Stewart, 2006

DISTRIBUTION. By this term is understood the division of an intestate's estate according to law.
     2. The English statute of 22 and 23 Car. II. c. 10, which was itself probably borrowed from the 118th Novel of Justinian, is the foundation of, perhaps, most acts of distribution in the several states. Vide 2 Kent, Com. 342, note; 8 Com. Dig. 522; 11 Vin. Ab. 189, 202; Com. Dig. Administration, H.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
The temporal distribution RTCs in the rural circle followed an irregular pattern.
2002), considered four key flood-producing factors to be stochastic variables; namely, the rainfall depth, event duration, temporal distribution of rainfall and initial rainfall loss (IL).
We analyzed the results from our Oregon RFN producer and consumer survey using a framework of five characteristics that connect producers who participate in RFNs to improved ecological resilience: ownership and control, personal values and social embeddedness, entrepreneurship and multifunctionality, scale, and spatial and temporal distribution of RFN producers and markets.
In relation to the macrolevel temporal distribution of creativity--that is, societal expressions of online creativity over time--we need to consider the rapid evolution of technology and its impact on creative participation.
Effects of Different Ice Nuclei Parameterizations on the Spatial and Temporal Distribution of Other Hydrometeors.
Figure 7 shows temporal distribution regularities of the center frequency of MS events concentrated near multipoint extensometers, and the displacement process curve of multipoint extensometers [M.sup.4.sub.CF]3-8, respectively.
This paper has described the spatial and temporal distribution of cases, demographic characteristics of patients, and clinical manifestations of cases of the presumed Asian lineage of ZIKV transmitted by Aedes aegypti in the small Caribbean island nation of Grenada in 2016.
The spatial and temporal distribution of animals is a complex and dynamic function of the species requirements for food, mates, avoidance of predators and competition, and the ability to move between habitat patches (Davis et al., 2002; Schofield, 2003).
In order to analyze the temporal distribution pattern of erosive rainfall, erosive rain was classified according to advanced, intermediate, and delayed patterns (Evangelista et al., 2005).
Figure 5, in turn, presents the temporal distribution (as a percent of the whole edition's time) of the main discourse units of each newscast individually.
Their results on the temporal distribution of b-value for Hazara region show a remarkable decrease before the occurrence of October 8, 2005 Kashmir earthquake.

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