equitable distribution

equitable distribution definition - legal

n

In divorce law, a remedy under which the court makes a fair (not necessarily equal) distribution of the marital assets. This is the alternative to the community property (equal) approach followed in some jurisdictions.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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