apportionment

/əˈpɔːʃənmənt/ noun [C or U]

Definition

› the act of sharing something between several people or organizations: The apportionment of resources within the health service is very complicated.

› INSURANCE, LAW the act of deciding how responsible each person or organization is for something and therefore how much of the costs they or their insurance company should pay: the apportionment of blame/liability

› ACCOUNTING the act of dividing costs between different accounts in a fair way, or the amount that is put into each account

› PROPERTY an agreement between the buyer and seller of a property to share the costs of the property during the time that the sale is being completed

(Definition of apportionment noun from the Cambridge Business English Dictionary © Cambridge University Press)

Focus on the pronunciation of apportionment