distribution


distribution
The giving out or division among a number, sharing or parceling out, allotting, dispensing, apportioning.
Corporate. A direct or indirect transfer of money or other property (except its own shares) or incurrence of indebtedness by a corporation to or for the benefit of its shareholders in respect of any of its shares. A distribution may be in the form of a declaration or payment of a dividend; a purchase, redemption, or other acquisition of shares; a distribution of indebtedness; or otherwise. Rev. Model Bus.Corp. Act, No. 1.40.
Partnership. A payment by a partnership to a partner. The payment may be in the form of cash or property. A payment to a partner may be out of current earnings or it may be an advance against future earnings to provide cash flow to the partner. A distribution may also consist of the partners' capital in the event of the partners' liquidation. I.R.C. No. 731.
Probate. The apportionment and division, under authority of a court, of the remainder of the estate of an intestate, after payment of the debts and charges, among those who are legally entitled to share in the same.
Securities offering. A public offering of securities of an issuer, whether by an underwriter, statutory underwriter or by the issuer itself. Such offering may be controlled, i.e. an offering to the public of securities by selling stockholders or an issuer through a broker-dealer acting as an underwriter for such persons pursuant to a formal underwriting arrangement; or uncontrolled, i.e. an offering to the public of securities by selling stockholders on a random basis through any number of brokers who are willing to assist such persons; or an offering to the public by such persons without the use of a broker.
Statutes of distribution. State laws prescribing the manner of the distribution of the estate of an intestate among his heirs or relatives.
Trust. The amount paid or credited to the beneficiaries of a trust. The payment may be in the form of cash or property and is generally income to the beneficiary. I.R.C. No. 643(a)

Black's law dictionary. . 1990.

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Look at other dictionaries:

  • distribution — [ distribysjɔ̃ ] n. f. • XIVe; lat. distributio ♦ Action de distribuer; son résultat. ⇒ partage, répartition. 1 ♦ Répartition à des personnes. Distribution de vivres, de médicaments. Distribution de prospectus, d objets publicitaires. ⇒ diffusion …   Encyclopédie Universelle

  • distribution — dis·tri·bu·tion /ˌdis trə byü shən/ n 1: the act or process of distributing: as a: the apportionment by a court of the property and esp. personal property of an intestate among those entitled to it according to statute compare descent, devise …   Law dictionary

  • distribution — DISTRIBUTION. s. f. L action de distribuer, ou l effet de cette action. Distribution du butin, Faire la distribution des procès. Distribution de deniers. Distribution des prix, Faire un état de distribution. f♛/b] On appelle en termes de Pratique …   Dictionnaire de l'Académie Française 1798

  • distribution — Distribution. s. f. v. L action de distribuer. Distribution du butin. faire la distribution des procez. distribution de deniers. distribution des prix. faire un estat de distribution. On appelle en termes de pratique, Ordre de distribution, Le… …   Dictionnaire de l'Académie française

  • Distribution — Dis tri*bu tion, n. [L. distributio: cf. F. distribution.] 1. The act of distributing or dispensing; the act of dividing or apportioning among several or many; apportionment; as, the distribution of an estate among heirs or children. [1913… …   The Collaborative International Dictionary of English

  • Distribution — Sf Verteilung per. Wortschatz fach. (16. Jh.) Entlehnung. Entlehnt aus l. distribūtio, zu l. distribuere, zu tribuere zuteilen und l. dis , zu l. tribus Bezirk .    Ebenso nndl. distributie, ne. distribution, nfrz. distribution, nschw.… …   Etymologisches Wörterbuch der deutschen sprache

  • distribution — (n.) mid 14c., from O.Fr. distribution (13c.) and directly from L. distributionem (nom. distributio) a division, distribution, noun of action from pp. stem of distribuere deal out in portions, from dis individually + tribuere assign, allot (see… …   Etymology dictionary

  • distribution — Distribution, Assignatio, Distributio. La distribution des proces, Sortitio causarum, B. Faire les distributions des proces, Causas describere in classes atque in singulos inspectores, quod et Conscribere dicitur, B. Distributions qu on donne aux …   Thresor de la langue françoyse

  • distribution — Payments in a bankruptcy case, generally made after confirmation of a plan in a Chapter 11 filing or approval of the trustee s accounting in a Chapter 7 filing. (Bernstein s Dictionary of Bankruptcy Terminology) United Glossary of Bankruptcy… …   Glossary of Bankruptcy

  • distribution — [n1] allocation, dispersion administration, alloting, allotment, apportioning, apportionment, assessment, assigning, circulating, circulation, dealing, delivery, diffusion, dispensation, dispersal, disposal, disposing, dissemination, dissipating …   New thesaurus

  • Distribution — (vom latein. distribuere, distribuiren, vertheilen), jede Art von Vertheilung, Aus und Eintheilung …   Herders Conversations-Lexikon


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