undistributable (C2)
adjective
Pronunciation: /ʌndɪstrɪˈbjuːtəbəl/
Definition
Assets or funds that cannot be distributed or paid out, often due to legal or contractual restrictions.
Examples
The charity's undistributable assets were tied up in a trust, which meant they could only be used for specific purposes.
The company's undistributable reserves were a result of accounting rules that required them to set aside certain profits.
The investor was surprised to find that a portion of the fund was undistributable, limiting their ability to withdraw their money.
How to Use undistributable
- undistributable assets (noun phrase)
- assets that cannot be distributed — "The company's undistributable assets included intellectual property and goodwill."
- undistributable income (noun phrase)
- income that cannot be distributed — "The undistributable income was a result of accounting rules that required the company to set aside certain profits."
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