1. The fair and just distribution of resources, responsibilities, or benefits among parties, ensuring each receives a proportional or deserved share
The equitable allocation of budget funds ensures all departments receive fair support.
A alocação equitativa dos fundos orçamentários garante que todos os departamentos recebam apoio justo.
2. In legal and business contexts, a method of dividing assets or responsibilities based on principles of fairness and justice rather than strict equality
The court ordered an equitable allocation of the estate among the heirs.
O tribunal ordenou uma alocação equitativa do patrimônio entre os herdeiros.