equitable distribution

noun

Legal Definition of equitable distribution

: the distribution of marital assets by a court in a divorce action in accordance with statutory guidelines that are designed to produce a fair but not necessarily equal division of the property

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“Equitable distribution.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/equitable%20distribution. Accessed 28 Nov. 2020.

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