MLchartDataset catalogue

Distribution

Term · Law · MLC-T-LAW-001680

The act of apportioning and delivering assets from an estate, trust, or business to those legally entitled to receive them. This process occurs after all debts, taxes, and administrative expenses have been settled. Distributions can be made in cash, property, or other forms, as specified by governing documents or law.

Table 1. Record
IdentifierMLC-T-LAW-001680
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001680",
  "term": "Distribution",
  "field": "Law",
  "definition": "The act of apportioning and delivering assets from an estate, trust, or business to those legally entitled to receive them. This process occurs after all debts, taxes, and administrative expenses have been settled. Distributions can be made in cash, property, or other forms, as specified by governing documents or law.",
  "url": "https://mlchart.com/terminology/law/distribution/"
}

Record 1,558 of 5,445 in Law terminology (MLC-0107). Request the full dataset.