Allotment and regret -- when an issue of stock has been
oversubscribed a letter of allotment and regret is sent to each
subscriber informing him of the number of shares allotted to
him and expressing regret that the full amount applied for
could not be allotted.
About the author
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.