Equitable Distribution

Business, Legal & Accounting Glossary

Definition: Equitable Distribution

Full Definition of Equitable Distribution

A legal principle, followed by most US states, under which assets and earnings acquired during marriage are divided equitably (fairly) at divorce. In theory, equitable means equal, but in practice, it often means that the higher wage earner gets two-thirds to the lower wage earner’s one-third. If a spouse obtains a fault divorce, the “guilty” spouse may receive less than his equitable share upon divorce.

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Modern Language Association (MLA):
Equitable Distribution. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 28, 2021 https://payrollheaven.com/define/equitable-distribution/.
Chicago Manual of Style (CMS):
Equitable Distribution. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/equitable-distribution/ (accessed: September 28, 2021).
American Psychological Association (APA):
Equitable Distribution. PayrollHeaven.com. Retrieved September 28, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/equitable-distribution/

Definition Sources

Definitions for Equitable Distribution are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd April, 2020 | 0 Views.