Define: Apportionment Clause

Apportionment Clause
Apportionment Clause
What is the dictionary definition of Apportionment Clause?
Dictionary Definition of Apportionment Clause

Apportionment Clause: A legal provision typically found in constitutions or legislation that outlines the process of dividing or allocating representation, resources, or responsibilities among different entities or individuals. The apportionment clause ensures fair and equitable distribution based on specific criteria, such as population, geographic area, or other relevant factors. It is commonly used in the context of political representation, taxation, funding allocation, or sharing of resources among different jurisdictions or groups. The clause aims to promote democratic principles, prevent unfair advantages, and maintain balance and proportionality in the distribution of rights, benefits, or obligations.

Full Definition Of Apportionment Clause

An apportionment clause is a provision commonly found in contracts, particularly those related to real estate or business partnerships, that outlines how costs, expenses, or profits will be divided among the parties involved. The clause typically specifies a specific formula or method for apportioning these financial obligations or benefits, ensuring fairness and clarity in the distribution process. It helps prevent disputes and provides a clear understanding of each party’s responsibilities and entitlements. Apportionment clauses are legally binding and enforceable, and their interpretation and application may vary depending on the specific language used in the contract and applicable laws.

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This glossary post was last updated: 29th March 2024.

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