1. able to be distributed or divided among people or groups
2. legally or financially available to be given out or paid to shareholders or beneficiaries
Usage: business, finance

Examples

• The company's profits are distributable to shareholders at the end of the fiscal year.
• The estate's assets were deemed distributable among the heirs according to the will.
• These funds are distributable only after all debts have been paid.
• The surplus income is distributable to members of the cooperative.
• Not all corporate earnings are immediately distributable due to legal restrictions.
• The trust's income became distributable once the beneficiary reached age 21.