Definition of Allotment

a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com



Allotment -- The volume of securities marked out for each subscriber or allottee in an investment banking Syndicate that is set up to endorse and distribute a new offering. The Syndicate Manager makes an allotment notice, which lays down the financial accountability of each allottee.


historic definition...

Allotment -- Share or portion. An allotment in an underwriting is the amount assigned to a member of (subscriber to) the underwriting syndicate. An allotment of an issue of stock or bonds is the amount assigned to a subscriber, which may be less than the amount applied for if the total subscription exceeds the total amount offered for subscription.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.