Definition of share-out in English English dictionary
If there is a share-out of something, several people are given equal or fair parts of it. the share-out of seats in the transitional government. when something, especially money or property, is divided between two or more people, or the amount each person receives when it is divided
If you share out an amount of something, you give each person in a group an equal or fair part of it. I drain the pasta, then I share it out between two plates The company will share out $1.3 billion among 500,000 policyholders. see also share-out