allotment of shares

allotment of shares
the process by which members take shares from a company is the issue of shares; this ends with allotment, when individual shares are assigned to particular holders. A previously unissued share is allotted when a person acquires an unconditional right to be entered in the register of members in respect of that share.

Collins dictionary of law. . 2001.

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  • allotment of shares — noun the allocation of new shares in a company to people who have applied for them …  

  • allotment — noun 1) the allotment of shares by a company Syn: allocation, assignment, distribution, apportionment, issuing, sharing out, handing out, dealing out, doling out, giving out, dishing out, parceling out, rationing out, dividing up/out; informal… …   Thesaurus of popular words

  • allotment — UK [əˈlɒtmənt] / US [əˈlɑtmənt] noun Word forms allotment : singular allotment plural allotments 1) [countable] British a small piece of land in a town that you can rent and use for growing vegetables 2) a) [uncountable] the process of deciding… …   English dictionary

  • allotment — al|lot|ment [əˈlɔtmənt US əˈla:t ] n 1.) [U and C] an amount or share of something such as money or time that is given to someone or something, or the process of doing this ▪ The budget allotment for each county is below what is needed. allotment …   Dictionary of contemporary English

  • allotment — al|lot|ment [ ə latmənt ] noun 1. ) uncount the process of deciding to give someone part of an amount of something, especially money or time: the allotment of shares to employees a ) count part of an amount of something that is given to someone:… …   Usage of the words and phrases in modern English

  • allotment — I noun adsignatio, allocation, annuity, appointment, apportionment, appropriation, arrangement, assignment, assignment by share, designation, dispensation, disposal, disposition, distribution, distribution by lot, dole, ordering, partition,… …   Law dictionary

  • allotment — The number of securities assigned to each of the participants in an underwriting syndicate. Bloomberg Financial Dictionary * * * allotment al‧lot‧ment [əˈlɒtmənt ǁ əˈlɑːt ] noun [countable] 1. an amount or share of something such as money or time …   Financial and business terms

  • allotment — A share or portion; that which is allotted; apportionment; division; the distribution of shares in a public undertaking or corporation. Partition; the distribution of land under an inclosure act. The term ordinarily and commonly used to describe… …   Black's law dictionary

  • allotment — A share or portion; that which is allotted; apportionment; division; the distribution of shares in a public undertaking or corporation. Partition; the distribution of land under an inclosure act. The term ordinarily and commonly used to describe… …   Black's law dictionary

  • allotment — A method of distributing previously unissued shares in a limited company in exchange for a contribution of capital. An application for such shares will often be made after the issue of a prospectus on the flotation of a public company or on the… …   Accounting dictionary

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