Distributable

{
  "id": "MLC-T-IND-001760",
  "term": "Distributable",
  "field": "Industrial and trades",
  "definition": "Relating to funds, such as profits or retained earnings from a construction project or company, that are legally available to be paid out to owners, partners, or shareholders. The calculation of distributable amounts is governed by the terms of partnership agreements, corporate bylaws, and relevant financial regulations. These funds are what remain after all project costs, liabilities, and required reserves have been settled.",
  "subject": "Construction",
  "translations": {
    "de": "verrechenbar",
    "es": "distribuible",
    "fr": "distribuable"
  },
  "url": "https://mlchart.com/terminology/industrial/distributable/"
}