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English definition of “share-out”

share-out

noun [C, usually singular] (also shareout)
 
 
UK
the act of dividing something between two or more people or organizations: Everyone benefited from the share-out of the profits. Last year, the shareout of bonuses meant an additional $7 million for each partner.
(Definition of share-out from the Cambridge Business English Dictionary © Cambridge University Press)
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