Define: Apportionment

UK Accounting Glossary

Definition: Apportionment


Quick Summary of Apportionment


Most often apportionment pertains to the allocation of a loss between all of the insurance companies that insure a piece of property.



What is the dictionary definition of Apportionment?

Dictionary Definition


An apportionment is an allocation based on some proportions.

The legal term apportionment means distribution or allotment in proper shares.


Full Definition of Apportionment


Most often apportionment pertains to the allocation of a loss between all of the insurance companies that insure a piece of property.



Apportionment FAQ's



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Definition Sources


Definitions for Apportionment are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th March 2019.