The allotment of shares is the process by which a company allocates its newly issued shares to individuals or entities, confirming their ownership in the company.
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The noun form isallotment,which can mean the same thing asportion. How to usea lotvs.alotvs.allot When to usea lot:when you’re talking about a large quantity of something or want to indicate that something happens or is done often or all the time.A lotis only ever used as a noun ...
[...]allotment and issue of the Subscription Shares (assuming that there is no change in the issued share capital of the Company from the date of this announcement to the completion of the Subscription save for the issue of the Subscription Shares); and (iii) approximately 6.41% of the iss...
Shortly before a season kicks off, the retailer sends each store its allotment of blouses and other products in a range of sizes and colors. Naturally, higher-performing stores get more of the assortment. Not every fashion retailer follows the same process, but the most successful ones start ...
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(obsolete) That which is thrown into a common fund; hence, an appointed or accustomed duty. Type Printed or typewritten characters; print:Let's see how your letter looks in type. Symbol (obsolete) Share; allotment. Type A size or style of printed or typewritten characters; a typeface:a sa...
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A forfeited share is a share in a publicly-traded company that the owner loses (or forfeits) by neglecting to live up to any number of purchase requirements. For example, a forfeiture may occur if a shareholder fails to pay an owed allotment (call money), or if he sells or transfers h...