Podielom

Podielom is a Slovak word that translates to "by share" or "proportionally" in English. It is primarily used in legal and financial contexts to indicate how assets, liabilities, or responsibilities are divided among multiple parties. For instance, in inheritance law, property might be distributed podielom among heirs, meaning each heir receives a specific fraction or percentage of the total estate.

In company law, the ownership of a business is often divided podielom among shareholders. Each shareholder holds a certain number of shares, representing their proportional ownership and their right to profits or losses. Similarly, in contracts, obligations or payments can be stipulated to be made podielom, ensuring fairness and clarity in distribution. The concept of podielom is fundamental to understanding how ownership and responsibility are allocated when more than one entity is involved. It emphasizes a division based on a predetermined ratio or stake rather than an equal split, unless that ratio itself dictates an equal share. The specific method of determining the podiel is usually detailed within the relevant legal document or agreement.