Distribute Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Distribute, written in plain English, along with examples of how it is used.
What is Distribute?
v. 1) The allocation of an estate or trust’s assets according to the terms of a deceased’s will or trust when someone has passed away. When a will does not exist, the distribution occurs according to the laws of descent and distribution. 2) The allocation of a corporation or business’s profits or assets.