apportionment Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "apportionment" - Business English Dictionary

apportionment

noun [C or U]
 
 
/əˈpɔːʃənmənt/
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 from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of apportionment?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “apportionment”

Word of the Day
child benefit

money received regularly by families from the government to help pay for the costs of taking care of children

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

responsible luxury noun
responsible luxury noun
August 03, 2015
high-end, green tourism and hospitality Jumeirah’s ‘responsible luxury’ approach is an example of a sustainable travel experience – future guests will enjoy the environment as much as today’s.

Read More