MLchartDataset catalogue

Distribute

Term · Law · MLC-T-LAW-001677

To apportion or deliver assets from an estate, trust, or business entity to beneficiaries, heirs, or shareholders. This action follows the settlement of debts and taxes, according to the terms of a will, trust agreement, or applicable law. The distribution process is overseen by an executor, trustee, or liquidator.

Table 1. Record
IdentifierMLC-T-LAW-001677
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001677",
  "term": "Distribute",
  "field": "Law",
  "definition": "To apportion or deliver assets from an estate, trust, or business entity to beneficiaries, heirs, or shareholders. This action follows the settlement of debts and taxes, according to the terms of a will, trust agreement, or applicable law. The distribution process is overseen by an executor, trustee, or liquidator.",
  "url": "https://mlchart.com/terminology/law/distribute/"
}

Record 1,555 of 5,441 in Law terminology (MLC-0107). Request the full dataset.