allotment

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Allotment

The number of securities assigned to each of the participants in an underwriting syndicate.

Allotment

In underwriting, the portion of an IPO that each underwriting firm in a syndicate receives or buys. Each firm has the responsibility to place its allotment with investors.

allotment

Securities apportioned to members of an underwriting syndicate for resale to investors.

allotment

the allocation of shares by directors of a company to intending shareholders who have made applications for new shares. In the event of a new SHARE ISSUE being oversubscribed (i.e. more applications for shares than the number being issued), then the company must use some formula to allocate shares among applicants. Often this involves granting applicants for small blocks of shares the full number of shares applied for, while applicants for large blocks of shares may be granted only a proportion of the numbers they applied for, or, in the event of a ballot, receive none at all if unsuccessful.
References in periodicals archive ?
According to the National Allotments Garden Trust and the National Society of Allotment and Leisure Gardeners, there are lots.
Through new community rights, local residents have increased opportunities to protect existing allotments from development and increase provision of green spaces.
POLICE are plotting the downfall of thieves who target allotment sites.
They are highlighting the need to strengthen the protection for our remaining allotment sites and emphasising the benefits allotments bring to both people and to the environment.
John Whitehouse, chairman of the School Lane Allotments Association in Shard End, said: "The rent increases are a concern but the contract being offered is the major problem for us.
Over the weekend, break-ins took place at a number of sheds at the allotments off Saltwell Road in Gateshead.
The strategy includes creating a central database of all allotments and waiting lists in the Vale and encouraging developers to provide allotments as part of housing developments.
The main focus for its work is liaising with government to ensure that the voice of allotment holders is heard and to emphasise that allotments remain an important part of today's society.
But this law now faces the axe, and gardeners fear their allotments will be sold for housing.
More and more families are taking on allotments in a bid to show their children the benefits of home-grown produce.
With a city-wide waiting list of almost 1,000 people, allotments are more popular than they have been in 30 years due to the rise in greener lifestyles and the grow-your-own organic food culture attracting younger tenants.
Revolutionary New Upgrades Made to Allotments Community Website