Share And Share Alike Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Share And Share Alike, written in plain English, along with examples of how it is used.
What is Share And Share Alike?
(adj) The phrase is used to represent the distribution of a property , rights, benefits etc to the persons eligible to get the benefit by virtue of his share or to the person bestowed with the right by virtue of any other legitimate process. For example dividing the distributable profit to the shareholders and legal beneficiary of the deceased partner.