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LSDefine

Simple English definitions for legal terms

distribution

Read a random definition: natural presumption

A quick definition of distribution:

Distribution: When someone dies and leaves behind a will or trust, their assets are divided among the people they named in the document. This is called distribution. It can also refer to when a company pays out profits to its shareholders or when an investment company sells securities and gives the profits to its investors. In an initial public offering, the underwriter sells the securities issued by a corporation.

A more thorough explanation:

Distribution

Distribution refers to the act of dividing assets among beneficiaries as specified in a trust or will by a court. It can also refer to:

When a person creates a trust or will, they may specify how their assets should be distributed among their beneficiaries. For example, a person may leave their house to their children and divide their savings equally among their grandchildren.

When an investment company sells securities, they may distribute the capital gains to their shareholders. For example, if an investment company sells stocks for a profit, they may distribute a portion of that profit to their shareholders.

When a corporation makes a profit, they may distribute some of that profit to their shareholders as dividends. For example, if a corporation makes $1 million in profit, they may distribute $100,000 to their shareholders as dividends.

During an initial public offering, an underwriter may distribute securities issued by a corporation to investors. For example, if a corporation issues 1 million shares during an IPO, the underwriter may distribute those shares to investors who have purchased them.

Distribution is the act of dividing assets among beneficiaries as specified in a trust or will by a court. The examples illustrate how assets can be distributed in different contexts, such as when securities are sold, profits are made, or securities are issued during an IPO. In each case, the distribution involves dividing assets among different parties according to specific rules or agreements.

distributee | distribution of profits

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RIP Digi/FancyAmGurl
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@badhorrormovie: did you do NHSMUN? I did as a senior, was super cool, got to meet our country’s representatives and use the UN building in NYC and everything
oh and they just rejected my reasonable time off request next month
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JMoons :(
14:41
Have you considered quitting?
i thought they were gonna veto my time off this week (took off Thurs/Fri/Tues for my annual memorial day trip, the same one I've taken off every year for 3 years) even though I gave them a month's plus notice
@NemoPropheta: every hour baby
I think the only reason they didn't is bc I asked for it off a month ago and to turn me down this late would be crazy work. i would've quit on the spot
MrThickRopes
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who setting up da gc
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you
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how u make it tht fast
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i made it before
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ur on two discords?! that is so cool
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maybe admitted have discords too
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my school has fricking 3 discords and a group,e
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groupme
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wait 4 discord
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admitted student, enrolled student, book club, roomate search
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foooo pm coming soonnnn
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