English version


From Longman Business Dictionaryapportionmentap‧por‧tion‧ment /əˈpɔːʃənmənt-ɔːr-/ noun [countable, uncountable]1formal when something is divided and shared out, or an amount of something that has been divided and shared outthe apportionment of financial support to those states worst affected by the crisisfinancial apportionments2ACCOUNTING when each expense is placed in its proper account, or the amount placed in each account3INSURANCELAW when insurance companies or their clients agree to share the cost of something that goes wrong, or the amount that each person or company agrees to payThe excess shall be deducted prior to apportionment between the two insurers.4LAW when the buyer and seller of a property agree to share the cost of a bill, for example property tax, that is paid to cover a period during which they will each be owners for a timeYou should stipulate the apportionment of any service charge liability in the sale agreement.
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