Equitable Distribution
/ɪˈkwɪtəbl dɪstrɪˈbjuːʃən/
Definitions
- (n.) The legal principle governing the fair division of marital property upon divorce, considering factors like contribution, need, and future earning capacity.
The court applied equitable distribution to divide the assets between the divorcing spouses.
Forms
- equitable distribution
- equitable distributions
Related terms
See also
Commentary
Equitable distribution is distinct from community property; it focuses on fairness rather than presuming equal ownership.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.