1. share and share alike - Noun
2. share and share alike - Verb
(idiomatic) For members of a group, equal portions of or equal access to tangible or intangible goods, entitlements, or obligations—i.e., each person's share like each of the other shares. Often used in a context of reciprocity, or pooling resources.
(law) Equal rights to or equal portions of profits, assets, bequests, or other valuable items legally owed to investors, partners, beneficiaries, or other named associates. If one beneficiary is unable to benefit (for instance, if they have died), their share is divided among the others.
share and share alike (third-person singular simple present shares and shares alike, present participle sharing and sharing alike, simple past and past participle shared and shared alike)
(idiomatic) To divide possessions, benefits, or obligations equally among members of a group.